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Car Sales Data (96) Next Generation Car Developments (7) Pricing Issues and Practices (14) Buying a Car (187) Car Formats and Segments (5) Dealerships (164) Car Ownership (11) Makes and Models (24) Wait Times (18)

October 2022 New Car Sales Review - Part 1

November 12th 2022 by Rene | Car Sales Data

The sales figures are starting to look promising for the new car market, and the days of ongoing declines could be a distant memory. At least that’s what an optimist might make of the new car sales data from October, which delivered another strong result. Chief Executive of the Federal Chamber of Automotive Industries Tony Weber points out that supply chain challenges are receding within the industry: “T...

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September 2022 New Car Sales Review - Part 1

October 11th 2022 by Rene | Car Sales Data

Interest rate hikes have failed to deter new car buyers, with the market showing positive signs last month, even though supply chain constraints and logistical bottlenecks remain an active problem.  One area that is showing strong signs for the future, however, is the battery electric segment, where vehicles from this corner of the market continue to increase, with a trend starting to suggest that more and more...

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August 2022 New Car Sales Review - Part 1

September 11th 2022 by Rene | Car Sales Data

Although the new car industry continues to face headwinds in the way of supply chain bottlenecks, elevated inflation, and rising interest rates, August showed some of the first signs of real improvement despite production cutbacks for the likes of Honda, Mazda, and Toyota. Sales for the month were back at their highest in any given August since 2017, which according to FCAI chief executive Tony Weber, “gives h...

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July 2022 New Car Sales Review - Part 1

August 13th 2022 by Rene | Car Sales Data

Supply chain constraints continue to weigh on overall new car sales across the nation, with dealers writing more orders than they have stock for deliveries. With that said, sales increased, even as the impact of rising interest rates begins flowing through to consumer buying activity, with foot traffic lower among the buyers that normally depend on finance to purchase a new vehicle. Commenting on the result, Federal...

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June 2022 New Car Sales Review - Part 1

July 20th 2022 by Rene | Car Sales Data

While June is one of, if not the biggest month for new car sales every year, the industry remains hamstrung by stock shortages and lengthy delivery delays that all but put a line through most EOFY discounts last month. At the same time, rising interest rates are also starting to have an effect on new car buyers, with sentiment shaken by the RBA’s aggressive rate hike cycle. Speaking about last month’s re...

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