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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...

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

April 23rd 2019 by Rene | Next Generation Car Developments

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...

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...

February 2019 New Car Sales Review - Part 2

March 26th 2019 by Rene | Car Sales Data

February 2019 New Car Sales Review - Part 1

March 26th 2019 by Rene | Car Sales Data

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...

January 2019 New Car Sales Review - Part 2

February 12th 2019 by Rene | Car Sales Data

January 2019 New Car Sales Review - Part 1

February 12th 2019 by Rene | Car Sales Data

After 2018 ended on a dour note, dealers were hoping for things to turn around in January. In what is traditionally one of the best months for year-on-year growth in vehicle sales - since run-out models from the year prior are usually sold at steep discounts - the results have heightened concerns about an economic slowdown. Total new car sales New cars sold in January totalled 81,994 units, down 7.4% on the same mo...

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