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Canadian commercial vehicle registrations softened in 2013: Polk

TORONTO, Ont. -- Canadian commercial vehicle registrations were down 5.7% in 2013, with increases recorded only in the provinces of P.E.I and B.C.


TORONTO, Ont. — Canadian commercial vehicle registrations were down 5.7% in 2013, with increases recorded only in the provinces of P.E.I and B.C.

A recent analysis from Polk showed Classes 3-8 commercial vehicle registrations in 2013 totaled 78,700 units, down from 83,500 units in 2012.

Class 3 vehicles led the way, representing 40% of new registrations. Class 8 vehicles represented 37.6% of new registrations, but were off 11.7% compared to 2012.

“It should be noted that 2012 represented a record number of new registrations for all commercial vehicles in Canada since we began tracking in 1985,” said Gary Meteer, director, global commercial vehicle products at IHS Automotive, which owns Polk. “New registrations actually began the year strong in 2013, but failed to equal or exceed their respective 2012 monthly volumes during eight of the next 11 months.”

P.E.I. saw commercial vehicle registrations surge 14.6% over 2012, while B.C. recorded growth of 5.4%. Alberta set the pace with the largest number of new vehicle registrations (36.1%) for the eighth straight year.

The full report is available here.


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