Premium and Luxury Cars in Canada

In 2025, premium and luxury cars in Canada experienced 8% growth, reaching CAD17.9 billion. This growth was underpinned by the category's notable resilience and adaptability, primarily driven by the evolving consumer preferences for sustainability and cutting-edge technology. A significant trend emerged with the increasing adoption of electrification, as more luxury electric vehicles (EVs) and plug-in hybrid electric vehicles entered the market.

The Premium and Luxury Cars in Canada report offers a comprehensive guide to the size and shape of the Premium and Luxury Cars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Premium and Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2029 illustrate how the market is set to change

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Premium and Luxury Cars market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.