Hyundai Ioniq 5 sales are up 242.7% year-on-year.

Thanks to 2 extra selling data compared to October 2023, local consultancy Desrosiers Automotive estimates a Canadian new light vehicle market up 8.8% year-on-year to 162,000 units, leading to a year-to-date tally up 8.3% to 1,57 million units. More significantly, sales are now back to the pre-pandemic 2019 level. The SAAR this month is at 1.98 million, the third highest so far this year. DesRosiers estimates a full year 2024 market at 1.8 million, the highest since 2019.

Among OEMs still reporting monthly, Hyundai-Kia (+11%) overtakes Toyota Motor (-10.2%) with Honda Canada (+15.7%) in the best shape. Brand-wise, Toyota (-11.1%) is in difficulty unlike Honda (+15.3%) and Hyundai (+22.1%). Mazda (+24.9%) is the most dynamic ahead of Acura (+20.1%) with Subaru (+11.9%) also beating the market. Genesis (+8.7%) and Volvo (+0.6%) are also in positive but Lexus (-3.2%) falls.

Looking at models the Toyota RAV4 (-27.7%) is in freefall with its archenemy the Honda CR-V (+6.9%) faring much better but still below the market growth rate. The Hyundai Tucson (+43.2%), Honda Civic (+21.1%) and Hyundai Kona (+21%) are all very dynamic, as are the Hyundai Ioniq 5 (+242.7%), Elantra (+59.5%) and Toyota Tundra (+35.8%).

Previous month: Canada Q3 2024: Volkswagen, Mazda highlight market up 3.5%

One year ago: Canada October 2023: Volvo, Toyota, Kia help lift market up 20%

Selected October 2024 data for groups, brands and models still reporting monthly figures below.

Canada October 2024 – groups:

GroupOct-24/232024/23Hyundai-Kia20,112+ 11.0%190,609+ 7.6%Toyota Motor Co.19,803– 10.2%200,425+ 5.2%Honda Canada13,046+ 15.7%113,316+ 7.1%Mazda6,808+ 24.9%61,961+ 25.9%Subaru5,365+ 11.9%57,857+ 29.5%Volvo Cars Canada1,157+ 0.6%11,040+ 7.7%

Canada October 2024 – brands:

BrandOct-24/232024/23Toyota17,275– 11.1%175,592+ 7.2%Honda11,945+ 15.3%103,207+ 7.7%Hyundai11,694+ 22.1%110,084+ 13.1%Kia7,757– 2.1%74,669+ 0.5%Mazda6,808+ 24.9%61,961+ 25.9%Subaru5,365+ 11.9%57,857+ 29.5%Lexus2,528– 3.2%24,833– 6.9%Volvo1,157+ 0.6%11,040+ 7.7%Acura1,101+ 20.1%10,109+ 1.0%Genesis661+ 8.7%5,856+ 4.9%

Canada October 2024 – models:

ModelOct-24/232024/23Toyota RAV45,728– 27.7%63,491– 0.8%Honda CR-V4,846+ 6.9%46,720+ 5.1%Honda Civic3,447+ 21.1%25,820+ 10.1%Hyundai Tucson2,363+ 43.2%24,653+ 10.5%Hyundai Kona2,294+ 21.0%26,679+ 46.1%Mazda CX-52,178+ 7.5%21,847+ 10.3%Subaru Crosstrek2,030– 32.0%24,435+ 37.0%Toyota Corolla1,953– 19.4%22,292– 4.9%Hyundai Ioniq 51,933+ 242.7%9,950+ 133.6%Toyota Tundra1,901+ 35.8%13,156+ 18.5%Hyundai Elantra1,881+ 59.5%16,975– 3.4%Kia Sportage1,778– 10.8%15,775+ 0.1%Toyota Corolla Cross1,770+ 4.7%14,439+ 38.1%Kia Seltos1,518– 21.7%16,999– 0.0%Honda HR-V1,486+ 7.6%12,921+ 28.1%Subaru Forester1,267+ 224.0%13,617+ 158.2%Toyota Tacoma1,122– 31.9%9,089– 32.3%Kia Sorento1,097+ 226.5%8,646+ 55.6%Mazda31,097– 13.4%8,894– 1.3%Mazda CX-301,059+ 52.2%11,883+ 30.9%Toyota Sienna992+ 121.4%9,747+ 182.1%Hyundai Santa Fe982– 32.0%9,619– 12.0%Mazda CX-50968+ 29.1%8,790+ 100.0%Mazda CX-90968+ 63.5%6,740+ 105.4%Lexus RX940– 2.5%8,999– 8.1%Toyota Highlander892– 8.2%7,591– 33.7%Subaru Outback878+ 78.5%9,432– 10.1%Lexus NX857– 7.0%7,449– 18.9%Toyota bZ4X822+ 111.3%5,777+ 83.4%Hyundai Venue795– 52.4%9,269– 17.4%Hyundai Palisade781+ 82.1%6,799+ 7.6%Honda Pilot759+ 149.7%5,753+ 4.3%Toyota Prius714+ 213.2%4,864+ 69.6%Kia EV6664+ 101.2%5,760+ 131.3%Acura RDX661+ 41.8%5,319+ 7.4%Kia Niro602– 29.5%5,658+ 21.1%Kia EV9541new3,655newHonda Odyssey522+ 16.8%3,849+ 2.8%Toyota Camry521– 25.6%9,179+ 22.9%Mazda CX-70484new2,503newKia K4431new431newKia Carnival429+ 37.9%3,915– 31.6%Genesis GV70365– 1.6%3,622+ 24.3%Subaru Solterra364+ 82.9%1,980+ 25.7%Honda Ridgeline351+ 28.1%2,946+ 10.4%Kia Telluride303– 27.9%2,792– 36.8%Acura MDX295– 16.7%3,290+ 6.7%Honda Passport280+ 28.4%2,348– 8.4%Hyundai Sonata279+ 220.7%1,681+ 17.5%Subaru WRX274+ 8.3%2,414– 24.7%Lexus UX265– 8.9%2,466+ 1.7%Subaru Ascent260+ 98.5%2,287– 24.6%Toyota Land Cruiser256+ 422.4%1,831+ 272.9%Subaru Impreza227– 2.6%2,885+ 47.6%Hyundai Santa Cruz209– 31.3%2,203– 29.5%Toyota Crown Signia209new311newKia Soul199– 52.0%1,657– 50.3%Kia Forte192– 82.5%8,666– 15.7%Genesis GV80185+ 110.2%1,124+ 13.7%Hyundai Ioniq 6177– 50.6%2,256+ 19.7%Honda Accord155– 56.2%2,610– 21.6%Lexus IS142+ 3.6%1,588– 6.5%Honda Prologue99new239newLexus ES93– 16.2%976– 15.1%Toyota Sequoia89+ 67.9%858+ 57.1%Toyota Venza86– 74.1%3,901+ 56.0%Toyota 4Runner85– 77.1%3,441– 26.5%Acura TLX84+ 75.0%698– 24.9%Lexus GX76+ 130.3%578– 1.4%Genesis G7064+ 4.9%709– 21.9%Subaru BRZ58– 37.0%678– 29.5%Toyota 8654+ 500.0%718+ 88.5%Lexus LX53+ 51.4%589– 28.7%Mazda MX-5 Miata53+ 26.2%1,010+ 0.0%Lexus TX49+ 19.5%1,463+ 3468.3%Acura Integra41– 16.3%718– 29.0%Toyota Crown34– 49.3%673– 28.8%Lexus RZ32– 37.3%482– 30.1%Toyota Supra29+ 38.1%269– 33.6%Genesis GV6026– 52.7%237– 38.3%Acura ZDX20new73newToyota Grand Highlander17– 97.6%3,945+ 28.3%Genesis G8015– 42.3%146– 57.6%Lexus RC13– 7.1%106– 12.4%Subaru Legacy7– 66.7%129– 60.3%Genesis G906– 14.3%18– 56.1%Lexus LC6– 50.0%113– 23.6%Kia Rio2– 98.8%656– 81.6%Lexus LS2n/a24+ 4.3%Kia K51– 98.0%32– 96.0%Mazda MX-301– 97.8%265– 57.3%Toyota Mirai1n/a20+ 33.3%

Source: Manufacturers