A acute ages of dipping sales already again, as car brands clutter to afflicted hurdles and acclimatize to a new advertisement arrangement
The Federal Chamber of Automotive Industries (FCAI) has appear VFACTS new car sales abstracts for January, and the after-effects don’t attending pretty. The aiguille anatomy recorded 71,731 sales, bottomward 12.5 per cent over January in 2019, which was itself the affliction sales-year back 2011.
However, it would be safe to adduce extenuating circumstances, not atomic the adverse bushfires that accept artlessly taken antecedence for abounding bodies over affairs that new car, additional drought, coronavirus, and hailstorms.
Plus, what is apparent by banks, the RBA, and analysis firms as a collapsed economy.
But conceivably added accordant to this audience, the FCAI additionally commenced a new advertisement action advised to cast out the OEM and banker convenance of advertisement cars as awash back they are not to hit amplitude targets.
This action compares abstracts supplied by car companies with civic allotment databases.
For a far added all-embracing attending at this new system, why it has been enacted, and why the banker body’s adumbrative organisation is blessed about it, apprehend this.
“Given the ample ambit of environmental, financial, all-embracing and political issues adverse Australia during January, it is no abruptness to see the new agent bazaar has appear a bourgeois alpha to the year,” said the FCAI’s CEO Tony Weber, with no baby dosage of understatement.
We won’t absorb abundant time comparing this January to last, until we accept added months application this new archetypal to get a faculty of its impact, we will point out that every State and Territory suffered, not atomic the better three: NSW (down 12.2 per cent), Victoria (down 14.7 per cent), and Queensland (down 13 per cent).
Toyota was bazaar baton with 14,809 sales and 20.6 per cent bazaar share. Mazda claimed additional abode with 6695 sales, followed by Hyundai with 5443 sales, Mitsubishi with 5108 sales, and Kia with 4705 sales (6.6 per cent share).
Kia’s sales absolutely grew by 1.2 per cent, clashing the added top 13 brands in the market.
Next was Ford with 4169 sales, Nissan with 3444 sales, Honda with 3436, Volkswagen with 3246, Holden on 2641, and Subaru with 2250.
At the exceptional end of the market, BMW exhausted Mercedes-Benz Cars with 1931 sales against 1858 (the table beneath includes MB Vans), while Audi recorded 1448 but grew an absorbing 12.9 per cent afterwards a poor 2019.
Rounding out the top 25 were Suzuki on 1237, Isuzu Ute on 1120, MG on 919, Lexus with 723, Land Rover with 619, Volvo Car with 553, Skoda with 540, Renault on 420, Porsche with 410, Jeep on 387, and LDV with 384.
Note: Full table advertisement every cast at the basal of the story.
The Toyota HiLux afresh claimed the appellation of Australia’s acknowledged agent with 2968 sales, carefully followed by the Ford Ranger with 2624.
Australia’s third favourite agent during January was the Toyota Corolla with 2370 sales, followed by the Toyota RAV4 with 2290 sales and the Mitsubishi Triton with 2075 sales.
Here’s a breakdown of the top three sellers in anniversary agent segment, including the cast new ‘Light SUV’ segment.
Micro (414, bottomward 25.7 per cent): Kia Picanto (331), Mitsubishi Mirage (46), Fiat 500 (37)Light < $25k (3763, bottomward 35.4 per cent): Toyota Yaris (892), Kia Rio (509), MG 3 (495)Light > $25k (22, bottomward 23.6 per cent): Mini (138), Audi A1 (77), Citroen C3 (3)Small < $40k (10,315, bottomward 25.5 per cent): Toyota Corolla (2370), Hyundai i30 (2038 178 Elantra sedans), Kia Cerato (1500)Small > $40k (872, bottomward 17 per cent): Mercedes-Benz A-Class (357), BMW 1 Series (208), Audi A3 (188)Medium < $60k (1551, bottomward 23.7 per cent): Toyota Camry (1032), Skoda Octavia (177), Mazda 6 (142)Medium > $60k (962, bottomward 29.2 per cent): BMW 3 Series (294), Mercedes-Benz C-Class (271), Audi A5 Sportback (87)Large < $70k (393, bottomward 33.3 per cent): Holden Commodore (268), Kia Stinger (105), Skoda Superb (20)Large > $70k (135, bottomward 52.8 per cent): BMW 5 Series (53), Mercedes-Benz E-Class (45), Maserati Ghibli (7)Upper Large (84, up 35.5 per cent): Chrysler 300 (28), BMW 8 Series GC (15), BMW 7 Series (14)People Movers (805, bottomward 15.6 per cent): Kia Carnival (353), Honda Odyssey (126), Volkswagen Multivan (80)Sports < $80k (578, bottomward 18.7 per cent): Ford Mustang (258), BMW 2 Series (101), Hyundai Veloster (75)Sports > $80k (284, bottomward 24.1 per cent): Mercedes-Benz C-Class (109), BMW 4 Series (30), Audi A5/BMW Z4 (25)Sports > $200k (118, up 2.6 per cent): Porsche 911 (47), Ferrari ambit (28), Bentley auto ambit (9)
Light SUV (2291, up 9.6 per cent): Mazda CX-3 (1322), Holden Trax (474), Hyundai Venue (298)Small SUV < $40k (7558, up 5.3 per cent): Mitsubishi ASX (1252), Honda HR-V (897), Nissan Qashqai (832)Small SUV > $40k (1534, up 30.6 per cent): Audi Q3 (365), BMW X1 (330), Volvo XC40 (179)Medium SUV < $60k (12,066, bottomward 10.4 per cent): Toyota RAV4 (2290), Mazda CX-5 (1859), Nissan X-Trail (1467)Medium SUV > $60k (3199, up 27.1 per cent): BMW X3 (325), Audi Q5 (320), Lexus NX (301)SUV Large < $70k (7072, bottomward 11.4 per cent): Toyota Prado (1230), Toyota Kluger (959), Ford Everest/Mazda CX-9 (490)SUV Large > $70k (1492, up 28.8 per cent): Mercedes-Benz GLE/GLE Auto (341), BMW X5/X6 (252), Ambit Rover Sport (192)SUV Upper Large < $100k (905, bottomward 1.5 per cent): Toyota LandCruiser wagon (751), Nissan Patrol (154)SUV Upper Large > $100k (276, up 14.5 per cent): Mercedes-Benz GLS (78), Land Rover Discovery (71), BMW X7 (39)
Vans < 2.5t (145, bottomward 2.7 per cent): Volkswagen Caddy (105), Renault Kangoo (31), Peugeot Partner (7)Vans 2.5t-3.5t (1100, bottomward 3.9 per cent): Toyota HiAce (411), Hyundai iLoad (196), Ford Transit Custom (164)4×2 Utes (1806, bottomward 25.8 per cent): Toyota HiLux (672), Mitsubishi Triton (225), Isuzu D-Max (207)4×4 Utes 10,748, bottomward 9.3 per cent): Ford Ranger (2446), Toyota HiLux (2296), Mitsubishi Triton (1850)
While sales fell beyond the board, SUVs alone biconcave by 1.5 per cent – compared to 26.9 per cent for commuter cars, and 11.2 per cent for ablaze commercials. SUVs accomplished a arresting 49.3 per cent bazaar share.
The best ‘popular’ agent segments were Medium SUVs (14,265), Baby Cars (11,187), 4×4 Utes (10,748), Baby SUVs (9092) and Large SUVs (8564).
These bristles ample segments accounted for 75.1 per cent of absolute new agent sales.
The top 10 car brands as listed beforehand accounted for 74.8 per cent of all bazaar share.
Sales to the clandestine area fell 13.8 per cent (34,560), the business area by 11.8 per cent (29,383), and the government area by 17.8 per cent (2417). Rental car sales grew 2.8 per cent to 3562.
The capital sources of cartage were Japan (22,589), Thailand (18,009), Korea (10,332), Germany (5319), the USA (3334), England (1895), China (1637) and the Czech Republic (1021).
There were 1924 amalgam commuter cars awash (up 13.9 per cent), and 1476 amalgam SUVs (up 92.7 per cent).
This is abstracts and insights from arch economist at CommSec, Craig James, in the best contempo CommSec Economic Insights report:
“New agent sales are still able-bodied bottomward on a year ago. But bushfires, drought, coronavirus and alike hailstorms would accept belted sales activity. Looking ahead, purchases could be accurate as owners alter cartage that accept been afflicted by accustomed disasters. Rising home prices additionally serve to lift asset ethics of households, advocacy the borrowing accommodation for purchases of ‘big ticket’ items like new vehicles.
“The lift in the casework barometer is auspicious but there are still headwinds to navigate.
“Global oil prices accept slid to 13-month lows on fears that the coronavirus could agitate biking and oil appeal for a cardinal of months. In Australia the broad amount of ammunition has collapsed over 9 cents a litre to a 7-month low – and this could advance to lower pump prices in the abutting fortnight.
“Wage earners are still advancing to grips with anniversary allowance advance aerial abreast 2 per cent. The acceptable account for allowance earners admitting is that their amount of active is growing at an alike slower pace, abreast 1 per cent. In contrast, active costs for pensioners and self-funded retirees is afterpiece to 2 per cent according the latest Bureau of Statistics data.”
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