Australia’s new car market has surged again with a total of 105,023 vehicles sold in February. According to the Federal Chamber of Automotive Industries (FCAI), this is a 20.9 percent increase from the same period last year.
“Australian motorists’ strong preference for Utes, accounting for 20.3 percent of sales this month, demonstrates the challenges with the proposed New Vehicle Emissions Standard. Of 21,327 utes sold in February, only one was an EV,” said FCAI Chief Executive Tony Weber.
New Car Market Stats
Sales saw a positive trend across all states and territories, with increases ranging from 15.3 percent to 29.8 percent compared to February 2023.
The Australian Capital Territory reported a 19.9 percent increase (1,743 units sold), New South Wales saw a rise of 15.7 percent (31,943), Queensland experienced a 21.9 percent surge (22,466), and South Australia recorded a 16.3 percent increase (6,451).
Meanwhile, Tasmania witnessed a substantial 28.5 percent rise (1,817), Victoria reported a 29.8 percent surge (28,415), Western Australia saw a 15.3 percent increase (11,317), and the Northern Territory experienced a 20.1 percent rise (871).
Market leaders in February were Toyota, with recorded sales of 19,374, followed by Mazda (7,350), Ford (7,275), Nissan (6,617), and Mitsubishi (6,411).
The Ford Ranger claimed the title of Australia’s top-selling vehicle, with 5,353 units sold, followed by the Toyota HiLux (4,403), Tesla Model 3 (3,593), Isuzu Ute D-Max (2,941), and Toyota RAV4 (2,843).
Furthermore, battery electric vehicles constituted 9.6% of total sales, while low emissions technologies powered one in every five vehicles sold.
“Growing sales of electric vehicles across other market segments proves that where a battery electric product exists which suits the driving habits of Australian motorists, work and recreation needs they will purchase these vehicles,” Mr. Weber said.
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