The automotive sector isn’t just about automobiles - it’s about the people and the prosperity of our province. We are one of the province’s most significant economic drive, both as a retail-driven economic builder and retail tax generator, as well as a large employer.
- Economic Heavyweight: Our industry contributes over $1.53 billion to the local economy annually.
- Retail Dominance: Motor vehicle and parts sales represent 42% of all retail trade on the Island.
- Proven Growth: From new vehicle sales to essential maintenance, Islanders invest hundreds of millions annually in transportation, keeping our province moving and our local workforce thriving.
Sector Impact
Total Contribution
Annual Automotive Industry Value
.
Share of PEI Total Retail Trade
.
Total Annual Retail Sales (province-wide)
..
Direct Spending on Personal Transportation
$1.53 billion
.
42%
.
$412.8 million
.
$1.046 billion
When the automotive industry thrives, Prince Edward Island thrives. PEIADA is proud to be at the wheel.
“Retail sales on Prince Edward Island in 2025 increased for the sixteenth consecutive year, with a 3.0 percent increase, as compared to a 4.0 percent increase for Canada as whole. Sales for Prince Edward Island were valued at $3.7 billion.”
Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
“Notable increases were seen in motor vehicle and parts dealers, up 5.4 percent or $48.2 million…”
Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
“The number of new vehicles sold on Prince Edward Island saw an increase of 463 units (5.4 percent) in 2025 to total 8,963. The value of new vehicles sold increased by 4.6 percent, rising to $412.8 million.”
Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
The value of retail trade for motor vehicle and parts dealers on Prince Edward Island was $941.5 million in 2025.
Derived from Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
Coupled with the value of retail trade of gasoline stations, the automotive industry contributed $1.53 billion to Prince Edward Island’s economy in 2025, representing 42 per cent of Prince Edward Island’s total retail trade in 2025.
Derived from Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
In 2024, Prince Edward Islanders spent $1.046 billion on transportation directly related to personal use vehicles – that is: new passenger cars; new trucks, vans and sport utility vehicles; used motor vehicles; other vehicles; spare parts and accessories for vehicles; fuels and lubricants; maintenance and repair of vehicles; parking; passenger vehicle renting; other related services.
Derived from Province of Prince Edward Island 52nd Annual Statistical Review 2025 prepared by P.E.I. Statistics Bureau, Department of Finance and Affordability; July 2026
Lisa Doyle-MacBain
Executive Director and
Provincial Association Executive
PO Box 22004
Charlottetown, PEI
C1A 9J2
(office) 902-566-3639
(cell) 902-626-7405
(fax) 902-368-7116
peiada@bellaliant.net
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