DesRosiers - CADA -2023 A Year in Review - 74

Vehicles of 2023 Section 6
Compact Luxury
* The Compact Luxury passenger car segment
noted a 9.1% sales decrease for 2023 with 6,840
units sold for the year, down from the 7,528
units sold in 2022.
1
* Among the top five selling compact luxury cars,
two of the five saw sales increases with the
Acura Integra posting an 86.6% increase over
2022 and the BMW 2-series at 41.5% above
2022. The remaining models saw declines with
the Mercedes-Benz MB Compact Car seeing a
19.3% loss and the Audi A3 at an 18.0% decline.
* In terms of overall share of passenger car
sales, the compact luxury segment has long
been a small portion of the market. For 2023,
the segment accounted for 2.9% of overall
passenger car sales compared to 3.1% for 2022.
Compact Luxury Share of the Passenger Car Market
3.1%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
2019
2020
2021
2022
2023
2.9%
2.5%
2.3%
2.3%
2
3
4
5
Top Compact Luxury Cars of 2023
Make
Mercedes-Benz
Audi
Acura
BMW
Cadillac
Model
MB Compact Car
A3
Integra
2-Series
CT4
Total
Source: DesRosiers Automotive Consultants Inc., CVMA and GAC.
Sales
2,302
1,758
1,144
1,020
576
6,800
Share of
Segment
33.7%
25.7%
16.7%
14.9%
8.4%
99.4%
Compact Luxury Car Sales - 2019 to 2023*
Model
Compact Luxury Car
1
2
3
4
5
Mercedes-Benz Compact Car
Audi A3
Acura Integra
BMW 2-Series
Cadillac CT4
Other Compact Luxury
2019
11,193
5,003
3,117
-
1,202
-
1,871
*Note: The top ten order is based on Year End 2023
Source: DesRosiers Automotive Consultants Inc., GAC and CVMA.
2020
7,606
3,441
1,718
-
1,358
354
735
2021
7,062
2,995
425
-
2,045
727
870
2022
7,528
2,853
2,145
613
721
612
584
2023
6,840
2,302
1,758
1,144
1,020
576
40
Percent
Change
-9.1%
-19.3%
-18.0%
86.6%
41.5%
-5.9%
-93.2%
Average
Rate
-11.6%
-17.6%
-13.3%
n.a.
-4.0%
n.a.
-61.8%
74 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
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