The GCBC Analysis
Large Luxury SUV sales in Canada for the month of March looked fantastic when compared to this month last year. Many of the models in the segment saw significant increases in sales. The segment as a whole was up roughly 800 units.
Only three of the ten models on sale saw sales decreases. They were the Mercedes-Benz GLS-Class, the Lexus LX, and the Toyota Land Cruiser. All other models saw single or double-digit percentage rises in sales.
The YTD sales numbers also looked strong. The segment managed to sell about 1,100 more units so far this year. When looking at the first quarter, it’s easy to see that only two models have suffered losses.
It’s likely that the positive momentum of the segment will continue as the year moves forward.
Large Luxury Car Rankings
Large Luxury SUV Sales – This Month
|Model||CA||CA LY||% Change||YTD||YTD LY||% Change|
|Toyota Land Cruiser||12||24||-50.0||56||84||-33.3|
|Land Rover Range Rover||259||236||9.7||471||407||15.7|
|∑ = 1,506||∑ = 1,229||∑ = 3,243||∑ = 2,665|