Honda Motor Company Sales Data, Trends & Analysis for the Canadian Automotive Market
Honda Motor Company, Ltd. (本田技研工業株式会社, Honda Giken Kōgyō Kabushiki gaisha) is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, motorcycles, and power equipment. Honda has been the world’s largest motorcycle manufacturer since 1959, as well as the world’s largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. Honda was the eighth largest automobile manufacturer in the world in 2015.
Honda Motor Company Canadian Sales Figures & Recent Highlights
Honda Motor Co. began selling vehicles in Canada in 1973. The company’s journey in Canada has been marked by steady growth and the establishment of manufacturing facilities.
Honda’s entry into the Canadian market started with the Honda Civic, which was warmly received and established the brand’s reputation for reliability and fuel efficiency. Over the years, Honda introduced other models tailored to the needs of Canadian consumers. The CR-V, Accord, and Fit, among others, have become favorites. The CR-V, in particular, has been a consistent best-seller in the SUV segment in Canada. Honda introduced the Acura brand to Canada in 1987, a year after its debut in the U.S. Since then, Acura has offered Canadian consumers a range of luxury vehicles, with models like the MDX, RDX, and TLX being particularly popular.
Honda’s commitment to the Canadian market is evident in its significant manufacturing footprint. The company established Honda of Canada Mfg. (HCM) in 1986 in Alliston, Ontario. This facility has produced a variety of models over the years, including the Civic, CR-V, and the Odyssey, catering to both the domestic and international markets.
In 2022, Honda sold over 165,000 cars in Canada, accounting for over 10% of the total Canadian car market. Honda is the third-largest automaker in the Canadian market. Honda’s other brands have also performed well in Canada. Acura, Honda’s luxury brand, sold over 13,000 cars in Canada in 2022.
Honda Motor Company Annual Sales, Growth & Market Share in Canada
Below we have a table that shows total Honda Motor Company sales volumes for the Canadian automotive market, broken out by year. This data captures all Honda Motor Company sales for the entire Canadian automotive market, including sub-brands.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2011 | 10,295 | 0.00 | 37.05 | 0.00 |
| 2012 | 148,542 | 1,342.86 | 8.92 | -315.32 |
| 2013 | 164,236 | 10.57 | 9.50 | 6.13 |
| 2014 | 172,426 | 4.99 | 9.31 | -2.05 |
| 2015 | 162,298 | -5.87 | 8.69 | -7.15 |
| 2016 | 185,598 | 14.36 | 9.53 | 8.77 |
| 2017 | 196,350 | 5.79 | 9.67 | 1.53 |
| 2018 | 193,950 | -1.22 | 9.76 | 0.87 |
| 2019 | 188,340 | -2.89 | 9.80 | 0.44 |
| 2020 | 163,294 | -13.30 | 9.83 | 0.26 |
| 2021 | 146,988 | -9.99 | 8.97 | -9.54 |
| 2022 | 51,782 | -64.77 | 16.58 | 45.90 |
Honda Motor Company Canada Annual Sales Units & Growth Chart
Below is a visual representation of Honda Motor Company ‘s Canada sales units over time. We have both the Honda Motor Company sales units and the growth in the Canadian market. Click on the items in the legend to see each series by itself.
Honda Motor Company Canada Growth Rate & Market Share Chart
Below is the annual growth rate for the Honda Motor Company in Canada, shown against the Honda Motor Company ‘s marketshare changes in tCanada. This gives you a good look into how the Honda Motor Company has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
