The Federal Chamber of Automotive Industries (FCAI) says 105,023 new vehicles were delivered by dealers during February 2024, representing a 20.9% increase from the previous period in 2023.
FCAI chief executive Tony Weber says Australia’s demand for new vehicles has continued into 2024 with yet another record-breaking sales month.
Toyota was the market leader with recorded sales of 19,374, followed by Mazda (7350), Ford (7275), Nissan (6617) and Mitsubishi (6411). Toyota led Mazda with a margin of 12,024 vehicle sales and 11.4 market share points.
The Ford Ranger was Australia’s top-selling vehicle with sales of 5353, followed by the Toyota Hilux (4403), Tesla Model 3 (3593), Isuzu Ute D-Max (2941) and Toyota RAV4 (2843).
Sales across every State and Territory increased this month compared with February 2023. Sales in the Australian Capital Territory were up by 19.9% (1,743); New South Wales by 15.7% (31,943); Queensland 21.9% (22,466); South Australia 16.3% (6,451); Tasmania 28.5% (1,817); Victoria 29.8% (28,415); Western Australia 15.3%(11,317) and Northern Territory 20.1% (871).
The February 2024 market of 105,023 new vehicle sales is an increase of 18,145 vehicle sales or 20.9% against February 2023 (86,878). There were 25 selling days in February 2024 compared to 24 in February 2023, which increased 581 vehicle sales per day.
The Passenger Vehicle Market is up by 3175 vehicle sales (19.3%) over the same month last year; the Sports Utility Market is up by 9885 vehicle sales (20.6%); the Light Commercial Market is up by 5015 vehicle sales (26.7%), and the Heavy Commercial Vehicle Market is up by 70 vehicle sales (1.8%) versus February 2023.
