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Car Sales Data

2019 New Car Sales Review - Part 1

As 2019 came to an end, the year marked one of the worst in recent history for new car sales as a combination of macro events came together to ultimately stifle buying appetite. Even though competition and discounting represented a chance for buyers to score a bargain, the industry was weighed down by political uncertainty, slow wage growth, tightened lending regulations, a volatile housing market and drought condit...

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November 2019 New Car Sales Review - Part 1

With November coming to a close, the data for new car sales once again points to a torrid time in the industry, with no respite in sight. The chief executive of the Federal Chamber of Automotive Industries (FCAI) summed it up best, calling it “a tough market”. Beyond that, he was also on record, quoted as saying, “The industry has been looking for a lift for some time now and has activated multiple...

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October 2019 New Car Sales Review - Part 1

As another month goes by, we’re no closer to seeing a turnaround in the new car industry. The FCAI is now pointing to the effects “over-regulation of the financial sector” is having on vehicle sales. It’s worth noting however, while the housing market suffered from the same issue, we’re starting to see early signs there that things are on the bounce, so why is it worse here? As we do eve...

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September 2019 New Car Sales Review - Part 1

As pessimism takes hold of the new car industry, the penny has dropped that the lull in sales across the board is anything but a short term hiccup. In fact, in some quarters it’s being pointed to as a sign that the economy is in no great shape. So with that in mind, just how did new car sales fare during September? Was there any sign of a rebound, or did the record losing streak continue into yet another succes...

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August 2019 New Car Sales Review - Part 1

With a slightly better performance for new car sales during July – notwithstanding the numbers were still down year-on-year – there was some optimism heading into August. That hope was short lived however, as reforms to lending criteria have effectively dried up successful car loan applications. It comes at an ironic time, with rates set to drop even further beyond their current all-time low. If condition...

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Different State? Different Price. Cheapest States and Territories Revealed

For the first time in Australia, the prices people pay for new cars has actually been revealed on a state & territory basis proving that where you live does have a big impact on what you'll end up paying for a new car. Not only that we've crunched the numbers and broken it down by make to see what variance individual car makes have throughout the country.  It makes for some fascinating reading. But let's s...

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