Economy has Canadians exploring cheaper cars as stock leans to luxury [Yahoo! Finance Canada]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance Canada
year, as an uncertain economy has buyers looking to save money, though the available supply leans more to luxury. Canadians' favourites this year are “grounded in practicality,” according to AutoTrader's top-sold list for 2025, with Ford Motor Co. ‘s F-150 pickup truck topping the charts, followed by Toyota Motor Corp. ‘s RAV4 SUV and Honda Motor Co. Ltd. ‘s CR-V SUV. “Practical and utilitarian vehicles remain at the forefront of shopper demand, with many consumers gravitating toward options that offer everyday value rather than luxury nameplates,” Autotrader said in the report. Clutch Technologies Inc., which has the Honda Civic topping its most sold list, said Canadians are choosing more luxury cars, but mostly because they are making up more of the current market. It said the average price for a used vehicle climbed 4.6 per cent from last year to $33,718 in 2025 even though prices dropped for most models, so the inventory quality as a whole is driving up prices. In total,
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HMC
Sec Filings
- 11/17/25 - Form 6-K
- 11/7/25 - Form 6-K
- HMC's page on the SEC website