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 | Mar 2015

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

IBISWorld’s New Car Dealers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Over the five years to 2015, 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 2020, 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 - Industry Analysis Chapter

Over the five years to 2015, revenue for the New Car Dealers industry is set to trend higher. As economic conditions improve and consumers continue to unleash pent-up demand, revenue is expected to expand in 2015, increasing an estimated 2.0%. Strong consumer sentiment, coupled with rising disposable income and low interest rates, is also expected to fuel the industry. In light of these trends, industry revenue is anticipated to increase at an annualized rate of 3.8% to $102.7 billion over the five-year period.

Renewed demand

Over the five years to 2015, the industry is expected to benefit from increasing disposable income levels. When disposable income rises, consumers are more apt to purchase big-ticket items, such as new vehicles... 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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