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New Car Dealers in Canada - Industry Market Research Report

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    Report

  • 33 Pages
  • February 2022
  • Region: Canada
  • IBISWorld
  • ID: 3941584
New wheels: Impending interest rate hikes will likely mitigate strong revenue growth

New Car Dealers in Canada


Over the five years to 2019, revenue for the Canadian New Car Dealers industry is expected to expand. Demand for automobiles has been driven by healthy economic conditions, such as rising consumer confidence, growing per capita disposable income and low unemployment. Rising disposable income encourages consumers to make big-ticket discretionary purchases such as new vehicles. While rising technological change has helped spur demand for industry services over the past five years, the effect of such innovation has led to intensifying competition, ultimately keeping industry profit in check. For example, industry operators are increasingly leveraging the internet for tasks that are typically done by car salesmen, such as providing consumers with vehicle quotes. Over the five years to 2024, the growth of the New Car Dealers industry in Canada is expected to continue to accelerate.

The New Car Dealers industry in Canada 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

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