By Dennis DesRosiers
(RICHMOND HILL, ON) – A look at light vehicle registrations in Canada can offer important insight into understanding the past, present, and the future of the vehicle fleet in the nation. From the number of vehicles registered in a specific age group to brand shares in certain model years, the Canadian Vehicle in Operation Census has valuable information pertaining to most aspects of the vehicle mix.
In 2013, light vehicle registrations totalled 23.44 million, up noticeably from the 22.50 million registrations recorded the previous year. Light vehicle registrations have been trending upwards in recent years and are expected to continue to do so.
Looking regionally, the average age of vehicle fleets in various provinces differed greatly. Saskatchewan and BC had the oldest fleets, with average ages of 11.25 and 11.08 years, respectively. Newfoundland, with an average vehicle fleet age of 7.85 years, had the youngest in the nation.
The average age for a vehicles across the entire nation was 9.29 years old.
The National Picture Report produced by DAC for 2014 contains all of these details and more information on each specific region and its unique characteristics. It provides invaluable insight for anyone involved in the Canadian aftermarket.
Contact Lisa Marchese by email or by calling 905-881-0400 x.28 for pricing and subscription information.