Four premium auto brands (Lexus, Genesis, Audi and Cadillac) were among Canada’s top ten sellers in 2022, a year of turmoil for the global auto industry. As supply woes strained the dealer network, the majority of automakers failed to even remotely come close to typical annual sales volume. But some car and truck manufacturers actually generated more sales activity. While Honda, for example, surrendered nearly two full percentage points and while Nissan shed nearly a full point, traditional Detroit manufacturers huddled together in a market-share-gobbling cabal that caused the traditional domestic brands to produce their best collective market share since 2017. Read original article here.
