According to Statistics Canada, new motor vehicle sales in January 20232 totaled 104,250 units, reflecting a decrease of 4.6 percent month-on-month but an increase of 8.8 percent year-on-year. By value, Canadian vehicle sales in January totaled $5.87 billion, compared to $6.13 billion in December and $4.79 billion in January 2022.
Canadian sales of vehicles manufactured in North America totaled 76,726 units in January at a value of $4.49 billion, while sales of vehicles manufactured overseas totaled 27,524 units at a value of $1.37 billion.