Canada May 2024: Hyundai (+31.7%), Volvo (+18.9%) shine, 19th consecutive positive month
Hyundai Kona sales are up 108.5% year-on-year in May.
According to estimates by local consultancy DesRosiers Automotive, the Canadian new light vehicle market is up 5.7% year-on-year in May to 169,000 units, marking a 19th consecutive month of year-on-year gains. The SAAR comes in a 1.63 million units, the weakest this year so far. Among manufacturing groups still sharing monthly sales data, Hyundai-Kia fares best at +22.9% with Toyota Motor up 8.9% but Honda Canada off -14.7. Brand-wise, Hyundai (+31.7%) delivers the best performance above Volvo (+18.9%), Subaru (+14.2%), Toyota (+13%) and Kia (+12.6%). Lexus (-16.6%) and Honda (-16.7%) struggle.
Looking at models with monthly data available, the Toyota RAV4 outpaces the market at +8.9% unlike the Honda CR-V (-21.9%) in freefall. The Hyundai Kona (+108.5%) lodges another very impressive result at over 3,000 sales and is now up 82% year-to-date. The Toyota Corolla Cross (+142.5%), Hyundai Elantra (+24%), Hyundai Tucson (+21.8%) and Kia Seltos (+18.9%) also shine.
Previous month: Canada April 2024: Market up 14% on low year-ago result
One year ago: Canada May 2023: Mazda, Honda stand out in market up 13.5%
Full May 2024 data for selected groups, brands and models below.
Canada May 2024 – groups:
GroupMay-24/232024/23Toyota Motor Co.23,670+ 8.9%105,996+ 23.4%Hyundai-Kia21,840+ 22.9%93,331+ 12.1%Honda Canada12,181– 14.7%52,808+ 16.0%Mazda6,908+ 6.8%26,475+ 19.0%Subaru5,993+ 14.2%29,923+ 56.6%Volvo Cars Canada1,233+ 18.9%5,069+ 13.9%
Canada May 2024 – brands:
BrandMay-24/232024/23Toyota21,155+ 13.0%94,025+ 29.5%Hyundai13,000+ 31.7%53,373+ 17.3%Honda11,003– 16.7%47,939+ 17.7%Kia8,209+ 12.6%37,155+ 5.7%Mazda6,908+ 6.8%26,475+ 19.0%Subaru5,993+ 14.2%29,923+ 56.6%Lexus2,515– 16.6%11,971– 10.2%Volvo1,233+ 18.9%5,069+ 13.9%Acura1,178+ 8.7%4,869+ 0.9%Genesis631+ 4.8%2,803+ 7.6%
Canada May 2024 – models:
ModelMay-24/232024/23Toyota RAV47,911+ 8.9%36,568+ 17.0%Honda CR-V5,060– 21.9%21,755+ 19.1%Honda Civic3,409+ 6.0%12,565+ 34.8%Hyundai Kona3,124+ 108.5%14,820+ 82.0%Hyundai Tucson2,759+ 21.8%12,384+ 16.5%Toyota Corolla2,758– 4.1%12,182+ 30.5%Subaru Crosstrek2,277+ 10.5%11,940+ 99.7%Mazda CX-52,152– 23.9%8,948+ 6.5%Toyota Corolla Cross2,105+ 142.5%7,462+ 116.9%Hyundai Elantra2,025+ 24.0%7,801– 11.3%Kia Seltos1,756+ 18.9%9,228+ 3.7%Kia Sportage1,648– 8.0%8,397+ 29.3%Toyota Tacoma1,573– 7.9%3,895– 28.7%Hyundai Santa Fe1,388– 6.5%4,346– 14.7%Subaru Forester1,375+ 214.6%7,069+ 140.0%Toyota Tundra1,271+ 15.3%5,690+ 41.6%Mazda31,257+ 37.5%4,387+ 7.8%Mazda CX-301,223– 12.3%5,746+ 7.4%Subaru Outback1,187+ 7.8%5,672+ 17.6%Hyundai Venue1,179+ 9.1%4,752– 0.7%Toyota Camry1,023– 0.9%6,520+ 64.7%Toyota Sienna1,014+ 85.7%4,335+ 199.4%Mazda CX-501,005+ 158.4%3,809+ 171.3%Hyundai Ioniq 5993+ 370.6%3,488+ 113.6%Honda HR-V924– 5.0%5,728+ 32.0%Kia Sorento922+ 89.3%3,382+ 5.9%Toyota Grand Highlander912new3,392newKia EV6887+ 384.7%2,752+ 299.4%Kia Forte862– 8.5%4,610– 11.4%Lexus RX833– 20.4%4,038– 17.4%Hyundai Palisade791– 15.2%2,991– 12.5%Toyota Highlander722– 44.0%3,221– 57.6%Kia Niro701+ 57.2%2,851+ 145.8%Mazda CX-90587+ 34.0%2,365+ 440.0%Acura RDX585+ 5.2%2,381– 4.4%Honda Pilot555– 37.2%2,408– 14.6%Lexus NX548– 41.6%3,439– 30.0%Kia EV9515new1,347newToyota Venza495+ 326.7%2,625+ 491.2%Toyota bZ4X480+ 55.3%2,217+ 76.5%Mazda CX-70437new500newKia Carnival405– 38.3%1,827– 38.2%Genesis GV70395+ 38.1%1,773+ 29.6%Honda Odyssey386– 17.3%1,532– 25.2%Toyota 4Runner384– 52.3%2,104– 11.2%Subaru Impreza383+ 89.6%1,593+ 38.3%Acura MDX379+ 89.5%1,843+ 37.0%Kia Telluride351– 25.8%1,265– 42.9%Lexus UX325– 4.7%1,303+ 28.8%Hyundai Ioniq 6302+ 14.0%1,179+ 147.7%Honda Passport289+ 12.5%1,174+ 2.9%Subaru Ascent288– 33.8%1,125– 24.5%Subaru WRX285– 60.4%1,136– 29.4%Honda Accord258– 55.0%1,261– 9.0%Mazda MX-5 Miata240+ 39.5%585– 14.3%Hyundai Sonata232+ 236.2%492– 40.4%Lexus TX231new1,215newHyundai Santa Cruz207– 52.4%1,120– 33.4%Lexus IS180– 14.7%695– 16.2%Toyota 86166+ 225.5%392+ 132.0%Kia Soul158+ 1.9%795– 43.5%Genesis GV80123+ 6.0%443– 0.9%Toyota Sequoia123+ 59.7%370+ 88.8%Acura Integra120– 37.5%277– 29.7%Lexus GX118+ 78.8%195– 47.0%Honda Ridgeline116– 67.1%1,509+ 9.0%Subaru Solterra106– 24.8%982+ 50.8%Lexus ES105– 27.1%402– 23.1%Acura TLX94– 29.9%365– 35.5%Toyota Crown83– 43.9%438– 8.0%Subaru BRZ75– 39.0%317– 2.5%Lexus LX74– 47.9%304– 28.6%Genesis G7070– 49.3%396– 7.7%Lexus RZ61– 28.2%243– 7.3%Toyota Supra51+ 59.4%137+ 6.2%Toyota Land Cruiser45– 19.6%194– 10.6%Toyota Prius33– 92.4%2,269+ 186.5%Lexus LC28+ 64.7%72+ 118.2%Genesis GV6023– 34.3%106– 34.6%Genesis G8018– 25.0%74– 58.7%Subaru Legacy17– 37.0%89– 30.5%Lexus RC11– 47.6%54– 3.6%Mazda MX-307– 88.1%106– 60.3%Honda Prologue6new6newToyota Mirai6+ 200.0%14+ 40.0%Genesis G902– 33.3%11– 47.6%Kia K52– 97.7%28– 94.3%Kia Rio1– 99.8%653– 67.4%Kia Stinger1– 99.0%20– 95.5%Lexus LS1– 66.7%11– 21.4%
Source: Manufacturers, DAC
