TORONTO – The members of the Association of International Automobile Manufacturers of Canada (AIAMC) began 2012 where they left off in December 2011, with significant overall sales increases that outperformed the market. For the first month of 2012, overall light-duty vehicle sales in Canada were 97,492* up 15.4% over January 2011. For AIAMC member companies, sales for January were 53,082** up 26% from last year.
As we begin the new calendar year, truck sales continue to be a source of sales growth improving 7.4% over January 2011, with 58,342 units sold last month, but passenger cars came on strong with a 28.8% improvement in sales over January 2011, with 41,150 units sold, resulting in the light truck share of the overall market dropping to 57.8% versus 62.1% of total sales last January. For AIAMC members, the same market pattern held true with truck sales improving 18.3% over last January to 21,282 units sold, but passenger cars increasing 31.8% over January 2011 to 31,800 units. Truck sales in January represented 40% of overall sales for AIAMC members compared to 42.8% of overall sales in January 2011.
“Improving consumer confidence levels as well as some improving economic indicators have contributed to the vehicle sales market starting off the year on the right foot,” said David Adams, President of the Association of the Association of International Automobile Manufacturers of Canada. “For AIAMC members, the fact that the negative consequences of natural disasters last year are largely behind us as well as the fact that companies are bringing a number of new and exciting models to the Canadian market this year has contributed to early sales success which should bode well for our members’ overall sales this year,” added Adams. “Success in the market always comes down to product”. Overall vehicle sales in January bettered the five year average sales for the month of January, representing the fifth straight month of better than average monthly sales. January’s 97,492 sales compared favourably to the five year average of 87,390 - a 11.6% increase - and the highest sales for January in the last four years.
AIAMC members’ market share was for January was 54.4% up strongly from January 2011 (49.8%). Thirteen of fifteen AIAMC members reported sales growth in January and a number of members reported record sales in for the month of January.
*Please note that overall sales do not include SAAB sales at this time.
**Please note that AIAMC sales do not include SAAB at this time.
Sales Highlights:
Audi – January sales of 1,501 up 31.7 %.
BMW – January sales of 1,845 up 34.4%.
Honda – January sales of 9,168 up 126.9%
Hyundai – January sales of 7,460 up 11.6%.
Jaguar Land Rover – January sales of 343 up 67.3%
Kia – January sales of 3,774 up 23.8% (Record).
Mercedes-Benz – January sales of 2,057 up 31.5 %.
Mitsubishi – January sales of 1,423 up 1%.
Nissan – January sales of 5,351 up 23.4%.
Porsche – January sales of 145 up 1.4%.
Subaru – January sales of 1,876 up 7.0%.
Toyota – January sales of 10,660 up 17.8% (Record).
Volkswagen – January sales of 3,109 up 8.7%.
We trust that this information is helpful. I would ask that you please cite the “AIAMC” or the “Association of International Automobile Manufacturers of Canada” as the source of the data if you plan on using any of the statistics contained herein.
About the AIAMC
The AIAMC is a national industry association representing sixteen member companies which are domiciled outside of Canada and the United States. These companies engage in the manufacturing, importation, distribution and servicing of light duty vehicles . The members of the AIAMC were responsible for 52.8% of overall vehicle sales in 201. The members support some 77,000 direct and indirect jobs in Canada along with 60% of Canada’s 3,331 dealers across Canada.
Association Members
