PMC's Aussie Car Blog

June 2019 New Car Sales Review - Part 1

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...

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May 2019 New Car Sales Review - Part 2

In our first piece covering May’s new car sales, we looked into overall sales across the industry as well as a breakdown by vehicle segment. This time around we’ll focus on how different makes and models fared last month. New car sales by brand Last month saw a bit of a shake up among the brands and their respective positions in the top-sellers chart, however the leading trio of Toyota, Mazda and Hyunda...

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May 2019 New Car Sales Review - Part 1

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...

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April 2019 New Car Sales Review - Part 2

In our first piece covering April’s new car sales, we looked into overall sales across the industry as well as a breakdown by vehicle segment. This time around we’ll focus on how different makes and models fared last month. New car sales by brand There were no real standouts among car sales by brand last month, with only Kia posting a nominal increase. Toyota’s position at the top saw it sell mo...

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April 2019 New Car Sales Review - Part 1

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...

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Why we’re a Long Way off Seeing Electric Vehicles Dominate our Roads

Ahead of the upcoming Federal election, we’ve seen the usual political grandstanding that has become engrained into our expectations every three years. With that, it’s no wonder many struggle to believe any of the policies that come out of the process. In recent weeks however, one particular issue has caught the attention of the new car industry, which is a proposal put forward by the Labor government inv...

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March 2019 New Car Sales Review - Part 2

In our first piece covering March’s new car sales, we looked into overall sales across the industry as well as a breakdown by vehicle segment. This time around we’ll focus on how different makes and models fared last month. New car sales by brand It was a torrid month for just about all manufacturers, Toyota included, however they did retain their leading position in terms of monthly sales. By the end o...

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March 2019 New Car Sales Review - Part 1

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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February 2019 New Car Sales Review - Part 2

In our first piece covering February’s new car sales, we looked into overall sales across the industry as well as a breakdown by vehicle segment. This time around we’ll focus on how different makes and models fared last month. New car sales by brand Although it was no surprise to see Toyota well out in front for the number of cars sold last month, the Japanese manufacturer did record a prominent slump i...

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February 2019 New Car Sales Review - Part 1

The slow start to the year continued as new car sales once again dived. With concerns around the state of the economy, record low interest rates haven’t been enough to incentivise buyers to get out there and snap up a bargain. Total new car sales Year on year, new car sales during February were lower by 9.3% to 87,102 units. Not only does this extend the number of consecutive months in which car sales have de...

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