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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 | Feb 2016

Full tank: New fuel-efficient models are anticipated to support industry demand

IBISWorld’s New Car Dealers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$103bn
Annual Growth 11-16
3.9%
Annual Growth 16-21
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Profit
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Employment
151,423
Businesses
3,718
Industry Analysis & Industry Trends

Over the five years to 2016, revenue for the New Car Dealers industry is expected to increase, bolstered by rising consumer confidence and disposable income. Rising disposable income encourages consumers to make big-ticket discretionary purchases, such as new vehicles. In the coming years, new fuel-efficient models, in conjunction with stable consumer confidence, are anticipated to support industry demand. Additionally, improving economic conditions will boost employment and disposable income levels, which will enable consumers to purchase big-ticket items... purchase to read more

Industry Report - Industry Key Buyers Chapter

The New Car Dealers industry has a low level of market share concentration. The industry is highly fragmented, with the top four industry players expected to generate less than 20.0% of industry revenue in 2016. Moreover, 17.0% of industry dealers were nonemployers in 2014 according to Statistics Canada (latest data available); the remaining 83.0% have one or more employees, according to Industry Canada.

Consolidation has increased over the past five years, as larger automotive groups buy out smaller independent dealers. Additionally, a greater number of new car dealers are retiring. According to a March 2012 PwC Automotive Dealer Trendsetter Survey, 30.0% of Canada's stand-alone, or single-point, dealers will likely be bought out over the next year or be semi-retired... 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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