Driving By Numbers: 9 cars picking up steam in Canada in early 2022 & More News Here

Gas too costly? These 9 cars are environment friendly, inexpensive, and considerably accessible

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As gas costs crept in direction of $2.00/litre throughout the first quarter of 2022, a very comparable group of 9 cars mixed to provide a vastly important chunk of additional market share.

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Their similarities? Four doorways, entrance and/or all-wheel drive, base costs at or beneath $30,000, environment friendly four-cylinder engines, and surging gross sales quantity. Then there was the most important similarity of all — they have been accessible in ample numbers to generate extra gross sales in 2022’s first-quarter than throughout the identical interval one yr in the past.

The need for improved gas effectivity in a high-price gas period might don’t have any bearing on the matter. With sellers unable to construct any type of stock in any way, merely being accessible is sufficient to spur massive will increase.

On the one hand, Canada’s general new automobile market suffered a 12-per-cent year-over-year decline value practically 50,000 misplaced gross sales in Q1. The automotive market (excluding the 9 cars we’re discussing) plunged 26 per cent, a lack of greater than 13,000 items in solely three months. Car gross sales at BMW tumbled 36 per cent, Cadillac’s cars have been down 38 per cent, and even Toyota took a 30-per-cent hit. It will get worse: Volkswagen’s automotive quantity fell off a cliff, dropping 82 per cent, equal to nearly 5,000 fewer gross sales.

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In an surroundings like this, any enchancment is noticeable. But these 9 inexpensive, environment friendly, and no less than considerably accessible cars didn’t merely produce a modest uptick; they turned 2021’s first-quarter share of the automotive market — 21 per cent — right into a 31-per-cent seize.

Who are they?

The 2022 Mazda3.
The 2022 Mazda3. Photo by Mazda

Mazda3: 3,072, up 16 per cent

Canadian gross sales of the Mazda 3 have been in regular decline for greater than a decade. Over 50,000 3s have been offered as not too long ago as 2008. By 2015, Mazda was now not capable of promote 40,000 3s yearly. By pre-pandemic 2019, Mazda Canada’s complete 3 quantity was right down to solely 21,276 items. In different phrases, don’t interpret 2022’s first-quarter improve to imply the three is again. It’s not, no less than not on the stage to which we have been accustomed. But in an unhealthy market that has Toyota Corolla gross sales down 34 per cent and the Volkswagen Jetta down 86 per cent, the three’s 16-per-cent uptick is a welcome turnaround for Mazda.

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Chevrolet Malibu: 873, up 16 per cent

While it’s true General Motors is principally out of the automotive enterprise in North America, the corporate hasn’t utterly exited. Cadillac’s nonetheless making a faltering go of it, and Chevrolet remains to be promoting sports activities cars and, sure, even Malibus. In truth, practically 60 per cent of the cars constructed by GM throughout the early a part of 2022 have been Malibus. Of Canadian midsize automotive gross sales in 2022’s first-quarter, 16 per cent have been Malibus, up from 11 per cent a yr in the past.

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Subaru Impreza: 839, up 22 per cent

Rewind a decade. In 2012, what was Subaru Canada’s best-selling automotive? The Impreza. At 11,212 items, the Impreza ended 2012 as Subaru Canada’s best-selling automotive for the final time, producing over one-third of the corporate’s gross sales. Now Subaru’s prime vendor is the tall hatch spawned by the Impreza: the Crosstrek. The Impreza now accounts for fewer than 10 per cent of Subaru’s gross sales, however in a lineup that (Impreza apart) is down 7 per cent, the Impreza’s 2022 rise is especially useful.

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Kia Forte: 2,997, up 23 per cent

Not a full-size SUV. Not a subcompact crossover. Not an in-demand minivan. Not a hyped-up electrical. No, Kia’s best-selling automobile in 2022’s first-quarter is the Forte, a compact sedan/hatch lineup. Kia Canada has added 551 Forte gross sales throughout the first three months of the yr at a time when the model’s poorly-stocked SUVs are down by greater than a fifth, a lack of greater than 2,200 gross sales.

Hyundai Elantra: 5,869, up 26 per cent

Not since 2016 has the Hyundai Elantra ended a yr as Canada’s second-best-selling automotive. Yet by the first-quarter of 2022, that’s the place the Elantra stands: forward of the Toyota Corolla however behind the Honda Civic. The seventh-gen Elantra was launched for the 2021 mannequin yr. The styling could appear divisive, however that hasn’t stopped the Elantra from grabbing heaps of additional market share.

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Hyundai Sonata: 880, up 38 per cent

It’s not simply the Elantra. Hyundai’s midsize sedan has additionally ratcheted up its gross sales totals in early 2022. Granted, Hyundai’s not promoting Sonatas prefer it’s 2011 — Hyundai was transferring practically 1,400 per 30 days when the sixth-gen automotive was nonetheless recent. Now in its eighth iteration, Hyundai has grown its market share to 16 per cent in 2022, up from 9 per cent a yr in the past and truly barely higher than 2011, as effectively.

Kia Soul: 1,891, up 58 per cent

Kia sellers who can’t get their palms on boxy Tellurides (infamous for extra vendor markups south of the border) are capable of get their palms on boxy Souls. Okay, perhaps they’re going after barely completely different corners of the market. But the Soul’s latest resurgence has been a key issue in Kia Canada’s comparatively modest 6-per-cent downturn in 2022’s first-quarter. Kia’s added 693 gross sales to the Soul’s first-quarter ledger this yr.

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Nissan Altima: 649, up 98 per cent

To be truthful, the Altima isn’t priced underneath $30,000. Its official MSRP is a hair above at $30,198. The Altima definitely hits the gas effectivity goal at 6.5 L/100 km on the freeway. Canada’s midsize leaders struggled in 2022’s first-quarter — the Toyota Camry and Honda Accord mixed to lose greater than 300 gross sales per 30 days. Altima quantity, however, was twice as robust because it was at first of 2021.

(*9*)Mitsubishi Mirage ES beneath the Sudbury Superstack
Mitsubishi Mirage ES beneath the Sudbury Superstack Photo by Elliot Alder

Mitsubishi Mirage: 406, up 111 per cent

Often mocked and ridiculed for its third-world rental automotive vibes, the Mitsubishi Mirage has one key aspect working in its favour: disappearing opponents. Not solely are typical subcompacts such because the Toyota Yaris, Hyundai Accent, and Chevrolet Sonic off the market, so too are the Mirage’s extra direct rivals. The Nissan Micra known as it quits in 2019 and GM pulled the plug on the Spark earlier this yr. Canadians in search of a sub-$15K new automotive now have one possibility: the Mitsubishi Mirage.

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