Car Sales Data

July 2019 New Car Sales Review - Part 2

August 16th 2019 by Rene | Car Sales Data

July 2019 New Car Sales Review - Part 1

August 16th 2019 by Rene | Car Sales Data

There has been no shortage of publicity as far as the state of the new car industry. In what has become a self-perpetuating cycle of sorts, the sector appears to well and truly be in a rut. For all the things that lend weight to now being a great time to pick up a new car, buyers still haven’t been able to shake their nerves and open their wallets. Have we reached a peak in sales, or is this the breather the ma...

June 2019 New Car Sales Review - Part 2

July 22nd 2019 by Rene | Car Sales Data

June 2019 New Car Sales Review - Part 1

July 22nd 2019 by Rene | Car Sales Data

For all the enthusiasm that greeted the industry at the start of the year, things have quickly soured as a series of headwinds prove difficult to overcome – the most recent of which, could be luxury car taxes at a state level. Never mind the record low interest rates, which make it more affordable than ever to purchase a new car, broader consumer sentiment is near its worst levels for some time. Total new car...

May 2019 New Car Sales Review - Part 2

June 28th 2019 by Rene | Car Sales Data

May 2019 New Car Sales Review - Part 1

June 28th 2019 by Rene | Car Sales Data

While the election had been mooted as a potential turning point for the new car industry, the sales data for May has yet to indicate there will be any sudden turnaround. Combined with ongoing talk around interest rate levels, the industry appears to be at a delicate juncture. Total new car sales Across May new car sales dropped 8.1% compared with the same month the year prior. On an absolute basis, this number was...

April 2019 New Car Sales Review - Part 2

May 28th 2019 by Rene | Car Sales Data

April 2019 New Car Sales Review - Part 1

May 28th 2019 by Rene | Car Sales Data

The latest data for April suggests that the new car industry is showing no signs of shaking off its lacklustre start to the year. But with an election now out of the way – considered one of the obstacles to date - the question remains, will sales fare better in the coming months? Total new car sales During April there was an 8.9% reduction in new cars sold compared with the same month in 2018. In total, 75,55...

March 2019 New Car Sales Review - Part 2

April 22nd 2019 by Rene | Car Sales Data

March 2019 New Car Sales Review - Part 1

April 22nd 2019 by Rene | Car Sales Data

Almost as if it were the new norm, the latest car sales data paints a sorry picture for the industry. With that said, it does position buyers extremely well to pick up a bargain from dealers desperate to clear stock, provided they can shake off pre-election nerves. Total new car sales Figures from March showed a 7.1% decline across the month compared with that of 2018. The total number of cars sold was 99,442, much...

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