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New Car Dealers in Canada: Market Research Report

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

New Car Dealers in Canada Market Research Report | NAICS 44111CA | Apr 2014

Revving up: Falling unemployment will create higher incomes and an increased demand for new cars

IBISWorld’s New Car Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
135,753
Businesses
4,172
Industry Analysis & Industry Trends

Over the five years to 2014, improving economic conditions has contributed to revenue growth for New Car Dealers in Canada industry. Bolstered by rising consumer confidence and disposable income after the recession, consumers who held off on new car purchases are expected to contribute to industry revenue over the period. Over the five years to 2019, the industry expected to benefit from a slew of new vehicle models, with fuel-efficient vehicles particularly becoming a driver of demand as fuel prices rise and consumers look to purchase vehicles with a higher miles per gallon rate... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the industry are moderate and include substantial capital requirements, access to distribution networks and skilled labour. Establishing a brand name also presents a barrier for some new entrants. These barriers largely reflect the growing market share concentration among new car dealers.

New entrants to this industry need to purchase a large volume of vehicles and real estate to compete with incumbent companies. High capital costs typically deter new entrants, especially in highly competitive provinces, such as Ontario and Quebec. Industry operators must pay different fees, including a licencing fee, which differs between provinces... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the New Car Dealers Industry?

This industry sells new and used passenger vehicles. Vehicles include passenger cars, light-duty trucks, sport utility vehicles (SUVs) and passenger vans. New car dealers also sell parts and provide repair services.

Industry Products
New vehiclesUsed vehiclesParts and repair services
 
Industry Activities
Selling new carsSelling new light trucksSelling used carsSelling used light trucksProviding vehicle maintenance and repairs


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