DesRosiers - CADA -2023 A Year in Review - 70

Vehicles of 2023 Section 6
Subcompact
* By the end of 2023, the subcompact car
segment saw a decline of 34.0% from the
sales levels recorded in 2022. A total of
8,530 units were sold compared to the
recorded 15,925 units sold in 2021. The
subcompact car segment has been declining
sharply for several years with sales in excess
of forty thousand as recently as 2019.
* The removal of several models from sale
has impacted the segment noticeably. Of
the models left, the Kia Rio continues to
remain at the top even with a 30.0% sales
decrease for the year. The Mitsubishi Mirage
took second position for the segment with
an increase of 62.3%. Thirdly, the Nissan
Versa occupied third place with 1,634 units
sold and a 27.1% sales increase compared to
2022. In fourth place, the Chevrolet Spark
saw a 99.6% decline for 2023 as Chevrolet
was reducing its passenger car line up.
Top Five Subcompact Cars of 2023
1
2
3
4
5
Make
Kia
Mitsubishi
Nissan
Chevrolet
Honda
Model
Rio
Mirage
Versa
Spark
Fit
Total
Source: DesRosiers Automotive Consultants Inc., CVMA and GAC.
Sales
4,239
2,639
1,634
18
8,530
Share of
Segment
49.7%
30.9%
19.2%
0.2%
0.0%
100.0%
Subcompact Share of the Passenger Car Market
2%
4%
6%
8%
10%
2019
2020
2021
2022
2023
8.7%
7.0%
5.2%
5.4%
3.6%
Subcompact Car Sales - 2019 to 2023*
Model
2019
1
2
3
4
5
Subcompact Car
Kia Rio
Mitsubishi Mirage
Nissan Versa
Chevrolet Spark
Honda Fit
Other Subcompact
42,317
4,916
2,270
2,369
7,582
3,437
21,743
*Note: The top ten order is based on Year End 2023
Source: DesRosiers Automotive Consultants Inc., GAC and CVMA.
2020
21,666
3,868
1,198
126
6,290
1,902
8,282
2021
15,925
5,323
911
2,897
6,145
361
288
2022
13,064
6,054
1,626
1,286
4,097
1
-
2023
8,530
4,239
2,639
1,634
18
-
-
Percent
Change
-34.7%
-30.0%
62.3%
27.1%
-99.6%
-100.0%
n.a.
Average
Ratee
-33.0%
-3.6%
3.8%
-8.9%
-77.9%
-100.0%
-100.0%
70 CADA YEAR IN REVIEW

DesRosiers - CADA -2023 A Year in Review

Table of Contents for the Digital Edition of DesRosiers - CADA -2023 A Year in Review

Table of Contents
DesRosiers - CADA -2023 A Year in Review - Cover1
DesRosiers - CADA -2023 A Year in Review - A
DesRosiers - CADA -2023 A Year in Review - B
DesRosiers - CADA -2023 A Year in Review - C
DesRosiers - CADA -2023 A Year in Review - D
DesRosiers - CADA -2023 A Year in Review - Table of Contents
DesRosiers - CADA -2023 A Year in Review - 5
DesRosiers - CADA -2023 A Year in Review - 6
DesRosiers - CADA -2023 A Year in Review - 7
DesRosiers - CADA -2023 A Year in Review - 8
DesRosiers - CADA -2023 A Year in Review - 9
DesRosiers - CADA -2023 A Year in Review - 10
DesRosiers - CADA -2023 A Year in Review - 11
DesRosiers - CADA -2023 A Year in Review - 12
DesRosiers - CADA -2023 A Year in Review - 13
DesRosiers - CADA -2023 A Year in Review - 14
DesRosiers - CADA -2023 A Year in Review - 15
DesRosiers - CADA -2023 A Year in Review - 16
DesRosiers - CADA -2023 A Year in Review - 17
DesRosiers - CADA -2023 A Year in Review - 18
DesRosiers - CADA -2023 A Year in Review - 19
DesRosiers - CADA -2023 A Year in Review - 20
DesRosiers - CADA -2023 A Year in Review - 21
DesRosiers - CADA -2023 A Year in Review - 22
DesRosiers - CADA -2023 A Year in Review - 23
DesRosiers - CADA -2023 A Year in Review - 24
DesRosiers - CADA -2023 A Year in Review - 25
DesRosiers - CADA -2023 A Year in Review - 26
DesRosiers - CADA -2023 A Year in Review - 27
DesRosiers - CADA -2023 A Year in Review - 28
DesRosiers - CADA -2023 A Year in Review - 29
DesRosiers - CADA -2023 A Year in Review - 30
DesRosiers - CADA -2023 A Year in Review - 31
DesRosiers - CADA -2023 A Year in Review - 32
DesRosiers - CADA -2023 A Year in Review - 33
DesRosiers - CADA -2023 A Year in Review - 34
DesRosiers - CADA -2023 A Year in Review - 35
DesRosiers - CADA -2023 A Year in Review - 36
DesRosiers - CADA -2023 A Year in Review - 37
DesRosiers - CADA -2023 A Year in Review - 38
DesRosiers - CADA -2023 A Year in Review - 39
DesRosiers - CADA -2023 A Year in Review - 40
DesRosiers - CADA -2023 A Year in Review - 41
DesRosiers - CADA -2023 A Year in Review - 42
DesRosiers - CADA -2023 A Year in Review - 43
DesRosiers - CADA -2023 A Year in Review - 44
DesRosiers - CADA -2023 A Year in Review - 45
DesRosiers - CADA -2023 A Year in Review - 46
DesRosiers - CADA -2023 A Year in Review - 47
DesRosiers - CADA -2023 A Year in Review - 48
DesRosiers - CADA -2023 A Year in Review - 49
DesRosiers - CADA -2023 A Year in Review - 50
DesRosiers - CADA -2023 A Year in Review - 51
DesRosiers - CADA -2023 A Year in Review - 52
DesRosiers - CADA -2023 A Year in Review - 53
DesRosiers - CADA -2023 A Year in Review - 54
DesRosiers - CADA -2023 A Year in Review - 55
DesRosiers - CADA -2023 A Year in Review - 56
DesRosiers - CADA -2023 A Year in Review - 57
DesRosiers - CADA -2023 A Year in Review - 58
DesRosiers - CADA -2023 A Year in Review - 59
DesRosiers - CADA -2023 A Year in Review - 60
DesRosiers - CADA -2023 A Year in Review - 61
DesRosiers - CADA -2023 A Year in Review - 62
DesRosiers - CADA -2023 A Year in Review - 63
DesRosiers - CADA -2023 A Year in Review - 64
DesRosiers - CADA -2023 A Year in Review - 65
DesRosiers - CADA -2023 A Year in Review - 66
DesRosiers - CADA -2023 A Year in Review - 67
DesRosiers - CADA -2023 A Year in Review - 68
DesRosiers - CADA -2023 A Year in Review - 69
DesRosiers - CADA -2023 A Year in Review - 70
DesRosiers - CADA -2023 A Year in Review - 71
DesRosiers - CADA -2023 A Year in Review - 72
DesRosiers - CADA -2023 A Year in Review - 73
DesRosiers - CADA -2023 A Year in Review - 74
DesRosiers - CADA -2023 A Year in Review - 75
DesRosiers - CADA -2023 A Year in Review - 76
DesRosiers - CADA -2023 A Year in Review - 77
DesRosiers - CADA -2023 A Year in Review - 78
DesRosiers - CADA -2023 A Year in Review - 79
DesRosiers - CADA -2023 A Year in Review - 80
DesRosiers - CADA -2023 A Year in Review - 81
DesRosiers - CADA -2023 A Year in Review - 82
DesRosiers - CADA -2023 A Year in Review - 83
DesRosiers - CADA -2023 A Year in Review - 84
DesRosiers - CADA -2023 A Year in Review - 85
DesRosiers - CADA -2023 A Year in Review - 86
DesRosiers - CADA -2023 A Year in Review - 87
DesRosiers - CADA -2023 A Year in Review - 88
DesRosiers - CADA -2023 A Year in Review - 89
DesRosiers - CADA -2023 A Year in Review - 90
DesRosiers - CADA -2023 A Year in Review - 91
DesRosiers - CADA -2023 A Year in Review - 92
DesRosiers - CADA -2023 A Year in Review - 93
DesRosiers - CADA -2023 A Year in Review - 94
DesRosiers - CADA -2023 A Year in Review - 95
DesRosiers - CADA -2023 A Year in Review - 96
DesRosiers - CADA -2023 A Year in Review - 97
DesRosiers - CADA -2023 A Year in Review - 98
DesRosiers - CADA -2023 A Year in Review - 99
DesRosiers - CADA -2023 A Year in Review - 100
https://www.nxtbookmedia.com