October 16, 2019 |
FCAI releases September 2019 new vehicle sales
The Federal Chamber of Automotive Industries, the peak body for the automotive industry in Australia, has released new vehicle sales figures for September 2019. According to Tony Weber, chief executive of the FCAI, new vehicles have now seen the eighteenth consecutive month of decreasing sales in the Australian market. “It is clear the slower sales rate the market is experiencing is in line with the broader economic environment in Australia. Of particular concern to the industry is the restrictive regulatory lending conditions currently facing consumers,” Mr Weber said. “The question has to be asked – are these results telling us we have made it too difficult for people to finance basic purchases in today’s Australia?”
Total sales for the month were 88,181 vehicles, a decrease of 6,530, or 6.9%, vs. September 2018. On a year-to-date basis, a total of 811,464 new vehicles were sold, a decrease of 69,541, or 7.9%, on the same period in 2018. During the month, the Sports Utility Market (41,861 units) lifted by 1.1%, while the Passenger Vehicle Market (24,893 units) was down 18.3%, and the Light Commercial Market (18,257) decreased by 5.4%.
Of the top ten best-selling vehicles, the top three were Light Commercial Vehicles – the Toyota Hi-Lux, Ford Ranger and Mitsubishi Triton. Four of the remaining seven were Sports Utility Vehicles – the Mitsubishi ASX, Mazda CX-5, Nissan XTrail and Mitsubishi Outlander. Only three of the top ten vehicles were Passenger Vehicles – the Hyundai i30, Toyota Corolla and the Kia Cerato. Toyota remained the top selling marque with 15,166 sales and 17.2% market share, followed by Mitsubishi (8,990 and 10.2%), Mazda (8,168 sales and 9.3% market share), Hyundai (7,245 sales and 8.2%) and Kia (5,128 and 5.8%).
