The Federal Chamber of Automotive Industries (FCAI) says the market continues to break all-time sales records as more Australians take delivery of more new vehicles than ever before.
Sales in November exceeded previous records with 112,141 units delivered to Australians in the month, with more than 1.1 million new vehicles purchased year-to-date, according to the FCAI.
It says the result highlights the continued strength of new vehicle sales with six of the past seven months being the highest on record.
FCAI chief executive Tony Weber says there is strong demand for a variety of vehicle options across various price brackets that meet the needs of Australians.
“This is an extraordinary result in what is now likely to be an extraordinary record-breaking year. Another record-breaking month underscores the dynamic and competitive nature of Australia’s automotive landscape, showcasing the wide array of choices available to consumers,” Weber says.
“As the challenges of the past year’s supply chain disruptions recede, consumers have greater access to a broad range of choices and increased accessibility in the market.
“The automotive sector remains a testament to the resilience and adaptability of both industry players and consumers alike. However, as cost-of-living pressures hit we may see a market cooling in the coming months, and we anticipate a more challenging 2024,” he says.
Year-to-date sales of battery electric vehicles have reached 80,446. The growth in EV sales from the same time last year (28,326) underscores the increasing interest in low emission alternatives among Australian consumers. EV’s represented 7.7% of the monthly sales and 7.2% of sales year to date.
Sales across every State and Territory increased this month compared with November 2022. Sales in the Australian Capital Territory were up by 13% (1628); New South Wales 17.5% (34,728); Queensland 17.7% (24,262); South Australia 28.3% (7281); Tasmania 13.4% (2022); Victoria 16% (29,618); Western Australia 20.8% (11,679) and Northern Territory 13% (921).
Toyota was the highest selling marque with 21,002 sales. Mazda followed with 8707 then Ford (8165), Hyundai (6718) and Mitsubishi (6268).
The Ford Ranger was the top selling vehicle recording 6301 sales. It was followed by Toyota Hilux (5901), Isuzu Ute D-Max (3692) Tesla Model Y (3151) and Toyota Prado (3090).
