December 15, 2019 |
FCAI releases November 2019 new vehicle sales
The Federal Chamber of Automotive Industries (FCAI), the main body for the automotive industry in Australia, has released new vehicle sales figures for the month of November 2019
The results continue the pattern of slow new vehicle sales in the Australian market, with just 84,708 sales during November, a 9.8 per cent decrease on the same period last year. 2019 year-to-date total sales are at 978,628 units, which is an 8.2 per cent decrease on the same period for 2018.
“It is a tough market – full stop,” said Tony Weber, chief executive of the FCAI, confirming that it was the twentieth consecutive month of declining sales.
“The industry has been looking for a lift for some time now and has activated multiple levers to achieve some stimulation, including incentives, sales and special vehicle editions. However, the appetite for new vehicles remains suppressed.”
“On the bright side, there has never been a better time to purchase a new vehicle,” Mr. Weber said.
“With over 60 brands and more than 350 models, the Australian market is one of the most competitive in the world. This is great news for consumers who have an abundance of choice and pricing options when it comes to selecting a new vehicle
“Now, with the holiday season upon us, is a great time to act!” Mr. Weber said.
Total November sales for the month in the Passenger vehicles totaled 23,022 (down 21.3 per cent over November 2018), with 39,541 in the SUV segment (down 1.1 per cent on November 2018) and 19,065 in the Light Commercial vehicle segment (down 8.8 per cent on November 2018).
The Toyota Hilux (3,687 units) was the top selling vehicle in November 2019, followed by the Ford Ranger (3,491), the Mitsubishi Triton (3,123), the Hyundai i30 (2,339) and the Toyota RAV4 (2,316).
The top selling brand for the month was Toyota with 16,954 sales and a 20 per cent market share, followed by Mitsubishi with 6,861 (8.1 per cent market share), Hyundai with 6,821(8.1 per cent market share), Mazda 6,167 sales, (7.3 per cent market share) and Kia 5,141 sales, (6.1 per cent market share).
Source: fcai.com.au/news/index/view/news/597
