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Automobile Wholesaling in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Automobile Wholesaling in Canada Market Research Report | NAICS 41511CA | Mar 2016

Start your engines: Rising disposable incomes are expected to lift demand for new vehicles

IBISWorld’s Automobile Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$75bn
Annual Growth 11-16
5.3%
Annual Growth 16-21
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Profit
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Employment
23,162
Businesses
1,275
Industry Analysis & Industry Trends

Over the five years to 2016, revenue for the Automobile Wholesaling industry is expected to trend higher, bolstered by improving economic conditions, both domestically and within the United States. Moving forward, the industry is expected to continue to perform well over the next five years. Disposable income levels are anticipated to trend higher, lifting demand for big-ticket purchases, such as new vehicles. Although positive economic conditions will bode well for the industry's performance, industry operators are expected to experience potential hurdles that likely hinder growth prospects. For example, as interest rates continue to rise, the cost to finance a vehicle will also increase, thus deterring demand... purchase to read more

Industry Report - Industry Products Chapter

New cars

New cars include all sedans, coupes, hatchbacks and wagons. This segment accounts for the industry's largest share of revenue, at 67.3% in 2016. This segment has been growing over the past five years as consumer preferences have been shifting away from larger, fuel-inefficient trucks and sport utility vehicles (SUVs) toward more compact, environmentally friendly cars. Additionally, since manufacturers have increased their production of new vehicles with hybrid technologies, sales of hybrid sedans and coupes have enhanced the segment's share of revenue.

New light trucks and SUVs

Light trucks and SUVs are large vehicles that are built on a truck chassis and have high towing capabilities and increased cargo room... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automobile Wholesaling Industry?

This industry wholesales a wide range of new and used vehicles, including automobiles, light trucks, motor homes, heavy-duty trucks, trailers and motorcycles. Automobile wholesalers do not sell motor vehicle parts or tires.

Industry Products
New cars New light trucks and SUVs New heavy trucks Used automobiles
 
Industry Activities
Automobile wholesalingLight-duty truck wholesalingSport-utility vehicles wholesalingMini-van wholesaling


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