Updated Spring 2021

The New Car Dealers Association of BC (NCDA) is the provincial industry association that represents close to 400 new car and truck dealers throughout British Columbia.

A report entitled Economic Impact of Members of the NCDA in 2017 and prepared by MNP Chartered Accountants, reveals:

• The new car sector in B.C. generated over $16 billion in retail sales last year, an increase of 85 per cent since 2010

• BC’s New Car Dealers contributed $2.9 Billion of total GDP into BC last year

• The sector generated $675 million in total revenue to all three levels of government

• The number of new vehicles sold in B.C. increased from 157,000 to 237,000 – or 51 percent between 2010 and 2017 (2018 was 220,595, 2019 was 204,277, 2020 was 167,561)

• Employment at new car dealerships increased 22 per cent between 2010 and 2017.

• In 2017, new car dealers were responsible for 30,000 family supporting jobs for British Columbians across the province.

• NCDA members also spend approximately $154 million each year on new dealership construction and renovation. The economic spinoff includes 1,200 FTEs of employment and $34 million in revenue to all levels of government.

• The share of total retail sales in B.C. attributed to new car dealers increased from 15 per cent to 19 per cent between 2010 and 2017

The study also included economic impacts generated by NCDA members in comparison to other industries, suggesting:

• The employment generated by NCDA members is equivalent to the employment supported by the construction of approximately 10,000-11,000 new homes

• The total employment generated from the operations of NCDA members in 2017 was equivalent to the employment supported by the filming of a full season of 30-35 high-end television productions

• The employment generated by the operations of NCDA members is equivalent to the employment generated through the handling of 3.5 million containers at the Port of Vancouver.

View the Economic Impact of Members of the New Car Dealers Association of BC in 2017 here.

-30-

Media Contact:
Kelly Gleeson
LBMG
604.240.6231 (cell)
[email protected]

FOR IMMEDIATE RELEASE
March 29, 2018

Vancouver, B.C. – As the 98th annual Vancouver Auto Show serves once again to capture the attention of thousands of car and truck lovers, a new study commissioned by the New Car Dealers Association of BC underlines the significant impact of the industry on employment and to the provincial economy.

The report entitled Economic Impact of Members of the New Car Dealers Association of BC in 2017 and prepared by MNP, reveals:

• The sector generated over $16 Billion in retail sales in BC, an increase of 85 per cent since 2010.
• Between 2010 and 2017, the number of new vehicles sold in BC increased by 51 per cent – from approximately 157,000 units to 237,000.
• BCs New Car Dealers contributed $2.9 Billion of total GDP into BC in 2017 while generating $675 million in total revenue to all three levels of government.

Read the Full Report here.

Vancouver – Yesterday’s decision by Vancouver City Council to increase the electric vehicle charging network throughout the city is being applauded by the New Car Dealers Association of BC. City Council voted to approve recommendations contained in the Electric Vehicle (EV) Ecosystem Program Update, which focus on accelerating EV adoption, growing the public charging network, and ensuring that EVs can be charged at all new residential parking stalls.

“One of the biggest obstacles that electric vehicle owners and potential EV owners face is a lack of adequate charging infrastructure where they live, work and play,” says Blair Qualey. The President and CEO of the New Car Dealers Association of BC adds, “Electric vehicle sales are growing steadily and as more and more EV products appear on our roadways, we need to have the infrastructure to keep pace.”

Qualey is also challenging other communities across the province to follow suit. “Vehicle travel doesn’t observe municipal or regional boundaries and if this initiative to be truly meaningful, there needs to be a concerted effort by all communities to follow suit.”

There are currently over 250 electric vehicle charging stations across Vancouver, and the City owns and operates 72 of these public plugs. Over the coming years, there will be an increase in public charging infrastructure so that as more people choose electric, the expanded network is ready.

One of the reasons for the increase in electric vehicles is the incentive programs available to consumers including the CEVforBC™ program, which is funded by the Province of B.C. and administered by the New Car Dealers Association. CEVforBC™ offers up to $5,000 to B.C. residents who purchase or lease an eligible new battery electric or plug-in hybrid electric vehicle. For the list of eligible vehicles, please visit www.cevforbc.ca.

 

About New Car Dealers Association of BC

The New Car Dealers Association of BC is the provincial industry association that represents more than 390 new car and truck dealers throughout British Columbia. Members of the Association directly employ more than 30,000 British Columbians in 55 communities and are responsible for more than $16 billion of retail sales in the province. The association speaks on behalf of the retail new automotive industry to the public, media, and government, and deals primarily with the legal, environmental, and consumer issues relating to vehicle sales in British Columbia. For more information visit www.newcardealers.ca

 

-30-

 

Media Inquiries
Kelly Gleeson
Media Relations
604.637.6654 (direct)
604.240.6231
[email protected]