AUSTRALIA ON TRACK TO BREAK ALL-TIME NEW VEHICLE SALES IN 2023
The Federal Chamber of Automotive Industries has announced that the Australian automotive market continues to break all-time sales records, with Australians taking delivery of new vehicles more than ever before.
Sales in November exceeded previous records with 112,141 delivered to Australians in the month, with more than 1.1 million new vehicles purchased year-to-date. The result highlights the continued strength of new vehicle sales with six of the past seven months the highest on record.
FCAI Chief Executive, Tony Weber, acknowledges the 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,” Mr Weber said.
“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.”
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 per cent of the monthly sales and 7.2 per cent 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 13.0 per cent (1,628); New South Wales 17.5 per cent (34,728); Queensland 17.7 per cent (24,262); South Australia 28.3 per cent (7,281); Tasmania 13.4 per cent (2,022); Victoria 16.0 per cent (29,618); Western Australia 20.8 per cent (11,679) and Northern Territory 13.0
per cent (921).
Toyota was the highest selling marque with 21,002 sales. Mazda followed with 8,707 then Ford (8,165), Hyundai (6,718) and Mitsubishi (6,268). The Ford Ranger was the top selling vehicle recording 6,301 sales. It was followed by Toyota HiLux (5,901), Isuzu Ute D-Max (3,692) Tesla Model Y (3,151) and Toyota Prado (3,090).
Summary of the key points:
• The November 2023 market of 112,141 new vehicle sales is an increase of 17,061 vehicle sales or 17.9% against November 2022 (95,080). There were 25.7 selling days in both November 2023 and November 2022 and this resulted in an increase of 663.9 vehicle sales per day.
• The Passenger Vehicle Market is up by 1,778 vehicle sales (10.7%) over the same month last year; the Sports Utility Market is up by 9,952 vehicle sales (19.0%); the Light Commercial Market is up by 5,323 vehicle sales (24.8%) and the Heavy Commercial Vehicle Market is up by 8 vehicle sales (0.2%) versus November 2022.
• Toyota was market leader in November, followed by Mazda and Ford. Toyota led Mazda with a margin of 12,295 vehicle sales and 10.9 market share points.
