Automobile Wholesaling in Canada - Industry Market Research Report

Automobile Wholesaling in Canada - Industry Market Research Report

  • August 2020 •
  • 42 pages •
  • Report ID: 4564158 •
  • Format: PDF
Start your engines: Positive economic conditions are expected to keep industry revenue afloat

Abstract

Automobile Wholesaling in Canada
Over the five years to 2019, revenue for the Automobile Wholesaling industry in Canada is expected to trend higher, bolstered by a resurgence in demand for new vehicles. Since industry operators wholesale passenger vehicles, in addition to sport-utility vehicles, industry revenue tends to ebb and flow with general fluctuations in the overall economic climate, particularly at the consumer level. As per capita disposable income continues to rise and consumer confidence grows, demand for new vehicles is expected to follow suit. To this end, IBISWorld expects industry revenue to grow over the five years to 2019. Revenue for the Automobile Wholesaling industry is expected to slow down over the next five years, due to threats that will pressure industry demand.

The Automobile Wholesaling industry in Canada wholesales a wide range of new and used vehicles, including automobiles and light trucks. Automobile wholesalers do not sell motor vehicle parts or tires.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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