Canada Canada - New motor vehicle registrations

Subscribe to our free email alert service

Vehicle registrations - Canada. January of 2024

Drop in number of Canadians passenger car registrations

In January, vehicle registrations in Canada grew by 13.08% with respect to January of 2023. In total, 116,874 cars were registered and 1,769,260 new cars were sold in the last twelve months, 13.04% more than the year before.

The breakdown of car sales figures for the month of January is:

  • Commercial vehicles sold: 101,504, 14.83% more than in January of 2023.
  • Passenger cars regitrations: 15,370, which represents a figure of 2.75% more than in January of 2023.

Canada is among the ten countries where the greatest number of cars have been registered in the last year, in ranking of 137 countries based on number of vehicle registrations.

A very useful variable for estimating the level of economic wealth enjoyed by Canadians residents, when compared to the other countries in the ranking, is the number of vehicles sold or registered per thousand residents in the last year. With annual sales of 44.12 cars per 1,000 residents, 2.91 of them in the last month, Canada, occupies 4th place, so, compared to the other countries in the ranking, its population has a good standard of living.

As can be seen, the number of registrations per thousand residents has fallen in the last year. A drop in registrations generally indicates a fall in consumer confidence and, when it is sustained, a recession in the real economy.

Changes in Canadian vehicle registration numbers are shown in the tables below. As several studies indicate, these changes are very much related to changes in GDP and, hence, to a country's economic situation. Sales have declined since 2014, as 1,776,213 were registered that year, as have the number of registrations per thousand residents, which that year numbered 50.63.

Here we show you the progression of vehicle registrations in Canada. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Canada in en Canadian economy.

Canada - New motor vehicle registrations
DateCommercial vehicles MonthPassengers vehicles MonthMonthly vehicle salesMonthly Vehicles/ 1,000 p.Commercial vehicles YearPassengers vehicles YearAnnual vehicle salesAnnual Vehicles/ 1,000 p.
January 2024101,50415,370116,8742.911,515,396253,8641,769,26044.12
December 2023111,20617,621128,8273.291,485,948253,3221,739,27044.68
November 2023126,36718,267144,6343.691,469,618251,7301,721,34844.22
October 2023131,57920,399151,9783.881,448,925254,0391,702,96443.74
September 2023138,76525,403164,1684.191,429,118253,7871,682,90543.23
August 2023135,72123,947159,6684.071,407,609252,2031,659,81242.64
July 2023126,82020,798147,6183.791,382,227255,8691,638,09642.08
June 2023140,73528,792169,5274.331,366,505258,8331,625,33841.75
May 2023146,89824,991171,8894.251,351,461257,8901,609,35141.34
April 2023130,73720,598151,3353.821,320,244258,6701,578,91440.56
March 2023131,49621,447152,9433.881,310,175262,8341,573,00940.41
February 202393,56816,231109,7992.821,301,606267,4221,569,02840.30
< 2023 2025 >
Canada - New motor vehicle registrations
Canada - New motor vehicle registrations