Australian new vehicle sales reached another all-time high in May. The Federal Chamber of Automotive Industries reported 111,099 vehicles sold last month. This figure surpassed the record of 105,694 vehicles sold in May last year.
This surge has significantly boosted the year-to-date figures, which now stand at 512,753 vehicles sold. It also marks an increase of 55,920 compared to last year, which recorded 456,833 sales.
“The continued growth highlights consumer confidence and the industry’s ability to meet the diverse needs of Australian motorists despite current economic challenges,” FCAI Chief Executive Tony Weber said.
“The Australian market is one of the most open and competitive in the world, which supplies consumers with a wide choice of vehicles across all segments and price categories,” he added.
Market Statistics and Trends
Hybrid and plug-in hybrid vehicles captured 15.8 percent of the market this month indicating a rise in popularity in this type cars compared to the 7.9 percent market share last year.
Meanwhile, battery electric vehicles captured 8.1 percent of the market which is a modest increase from the 7.7 percent last year.
Toyota maintained its position as the market leader with 23,389 vehicles sold. Following them were Ford with 8,806 sales, Mazda with 8,002, Kia with 7,504, and Hyundai with 6,495.
Among individual models, the Ford Ranger emerged as the top-selling vehicle in Australia, with 5,912 units sold. It was closely followed by the Toyota HiLux with 5,702 units, the Toyota RAV4 with 5,517 units, the Isuzu Ute D-Max with 2,612 units, and the Toyota Landcruiser with 2,578 units.
Sales increased across most states and territories, reflecting a nationwide trend. The Australian Capital Territory saw a 10.6 percent rise in sales (1,673 units), New South Wales increased by 5.3 percent (33,145 units), Queensland by 5.5 percent (23,534 units), South Australia by 11.3 percent (7,501 units), Victoria by 3.2 percent (30,095 units), Western Australia by 5.4 percent (12,334 units), and Tasmania by 7.1 percent (1,818 units). The Northern Territory was the only region to experience a decline, with sales dropping by 8.8 percent (999 units).
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