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Car Sales Data

October 2020 New Car Sales Review - Part 1

Against all the odds, the new car industry showed remarkable resilience in October, almost reversing the market’s losing streak, while coming in well ahead of expectations. The change in momentum was best summed up by FCAI chief executive Tony Weber, who said that “after a very challenging year, we are seeing ‘green shoots’ in the Australian new vehicle market”. Total new car sales La...

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September 2020 New Car Sales Review - Part 1

Although new car sales were under the pump again last month, there was one development that served as potentially good news for dealers across the country. With the government proposing to wind back restrictions relating to responsible lending legislation, the move could pave the way for greater borrowing opportunities that would help motorists afford new cars. FCAI chief executive Tony Weber commented on the matter...

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August 2020 New Car Sales Review - Part 1

Although the new car market remained sluggish throughout August, there were some positive takeaways from the latest industry sales figures. That came as motorists and industry groups responded to the government’s stimulus packages. Nonetheless, the circumstances in Melbourne proved a major challenge as expected, with FCAI chief executive Tony Weber citing that it was “particularly difficult for our membe...

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July 2020 New Car Sales Review - Part 1

While the impact of lockdown measures in Melbourne was only partly felt throughout July, there was a marked improvement in buying sentiment across the rest of the nation. The new car industry showed some signs of life, and that comes despite stock shortages that ultimately weighed on overall results. Total new car sales July’s new car sales fell 12.8% year-on-year, with the total number of vehicles sold comin...

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June 2020 New Car Sales Review - Part 1

With the end of financial year coming to a close, the new car industry was always expected to show some improved signs of resilience as buyers rush to take advantage of last-minute bargains. The ongoing impact of COVID-19 continues to hamper consumer sentiment, while also restricting access to credit, however, there were some pleasing signs in June as sales topped forecasts. In some cases, dealers were even caught s...

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