In March 2025, Canadian vehicle sales saw a notable increase, reaching 185,000 units, up 11.4% from March 2024, marking the best March since 2018.
The SAAR for the month was a strong 2.02 million, maintaining the momentum from February. Despite the fluctuating political landscape and challenging weather, Canadians continued to purchase vehicles. Battery Electric Vehicle (BEV) sales showed some recovery from February’s decline, though they remained below 2024 levels, with expectations for improvement following the return of Quebec incentives in April.
The first quarter of 2025 saw nearly 425,000 units sold, up 2.8% from Q1 2024, with General Motors leading in volume. Luxury brands like Lexus, BMW, and Mercedes-Benz also performed well. Light trucks dominated the market, accounting for 88.1% of sales.
EV & Charging Expo 2025: Accelerating the Transition to Electric Vehicles
The EV & Charging Expo 2025 is a major event held in Toronto on May 14-15, focusing on the latest developments in electric vehicle (EV) charging infrastructure. It brings together business, government professionals, and industry leaders to explore EV solutions, including commercial vehicles, plug-in hybrids, and charging technologies. Attendees can participate in test drives, educational sessions, and network with top suppliers to accelerate their EV transition. The expo is particularly relevant for real estate developers, fleet operators, utilities, municipalities, auto dealers, and sustainability leaders. It features over 40 sessions and presentations from experts in the EV field.
Important Update on Mercedes Vehicle Tariffs and Order Flexibility
While Mercedes are not currently implementing any price increases, they cannot offer a price protection guarantee if prices rise. However, you will not be required to accept a vehicle if there is a price increase after you’ve placed your order.