New car sales in Australia continue following a downward trend with 99,974 vehicles sold for the month of June. This represents a 9.7 percent drop from the same period last year according to the Federal Chamber of Automotive Industries (FCAI).
There were 25.2 selling days resulting in a decrease of 424.2 vehicle sales per day.
This places Australian new car sales to 537,858 cars at the first half of the year. While this is down 2.1 percent year-on-year, the market is still on track to one million annual sales.
“Globally, car makers are continuing to suffer from plant shutdowns. In Europe we have component supply heavily impacted by the conflict in Ukraine. Microprocessors continue to be in short supply and global shipping remains unpredictable,” says FCAI chief executive Tony Weber.
“While demand for new cars remains strong in Australia, it is unlikely we will see supply chain issues resolve in the near future,” Mr Weber said.
Sales across every State and Territory were down apart from the Northern Territory where 1,115 vehicles were sold representing an increase of 16.3 percent compared to June 2021. Sales in the Australian Capital Territory fell 11.6 per cent (1,486 units sold); New South Wales 7.5 per cent (32,027 vehicles sold); Queensland 13.2 per cent (21,983 new cars sold); South Australia 8.6 per cent (6,214 car units); Tasmania 17.2 per cent (1,572 vehicles sold); Victoria 12.2 per cent (25,764 new cars sold); and Western Australia 2.2 per cent (9,813 units sold).
The Passenger Vehicle Market is down by 4,911 vehicle sales (-21.0%) over the same month last year; the Sports Utility Market is down by 1,254 vehicle sales (-2.3%); the Light Commercial Market is down by 4,698 vehicle sales (-16.5%) and the Heavy Commercial.
This month, Toyota is still the market leader with 22,561 vehicles sold. This is followed by Kia (8,480 sales), Hyundai (8,529 sales), Mazda (6,245 sales), and Mitsubishi (5,846 sales).
Meanwhile, the Toyota Hi-Lux was the highest selling model with 7,582 units sold (a 40 percent increase from last year). Hyundai’s Tucson followed with 2,840 units sold, Ford’s Ranger (2,802 units), Toyota’s Landcruiser (2,783); and Toyota’s Corolla (2,605).
