Canada New Motor Vehicle Sales  Forecast


Car Registrations in Canada is expected to be 138899.48 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in Canada to stand at 125578.03 in 12 months time. In the long-term, the Canada New Motor Vehicle Sales is projected to trend around 125283.70 in 2020, according to our econometric models.


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Canada Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 59.6 57.4 57 56.7 56.86 52
Manufacturing PMI 55 52 53 52.9 52.95 52
Industrial Production 5.23 1.3 1.5 2.1 1.89 0.9
Industrial Production Mom -0.47 0.2 0.4 0.4 0.11 0.5
Manufacturing Production 3.73 1.5 1 4.4 1.42 0.7
Capacity Utilization 85 82.5 82.6 83.1 84.39 83
New Orders 53553823 52682777 52554116 52487007 52409611 51740218
Changes in Inventories 11072 7325 5925 4921 4291 3426
Bankruptcies 197 234 239 244 250 295
Corporate Profits 76318 61300 72740 71869 71226 70100
Car Registrations 187257 138899 128966 126331 125578 125284
Leading Economic Index 0 0.2 0.4 0.3 0.21 0.2
Mining Production 13.2 2.6 1.8 3.4 3.39 1.3
Steel Production 1125 1145 1159 1169 1175 1189
Competitiveness Index 5.35 5.27 5.34 5.34 5.31 5.47
Competitiveness Rank 14 15 13 13 13 9
Corruption Index 82 84 85 85 84 87
Corruption Rank 9 8 8 8 8 5
Ease of Doing Business 22 21 20 20 18 14