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Further Signs of Consolidation in the New Vehicle Market

Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 78,131 passenger cars, SUVs and commercial vehicles were sold in September 2009.

“This was a good month with a stronger than expected result,” FCAI Chief Executive Andrew McKellar said.

This September result is down 3.5 per cent (2,807 vehicles) compared to September last year but there were increases in some segments;

  • SUV Luxury – up 30.9 per cent
  • Sports Cars – up 17.1 per cent
  • SUV Compact – up 5.0 per cent
  • Light commercial vans – up 4.9 per cent
  • Light passenger cars – up 3.0 per cent
  • 4x4 Utes – up 1.5 per cent
  • Medium passenger cars – up 1.2 per cent

“The September figure demonstrates signs of consolidation in the new vehicle market,” Mr McKellar said.

“Some areas of buyer confidence remain fragile and an interest rate rise is premature,” he said.

“Economic stimulus has resulted in positive business sales but private buyers need the confidence to return to showrooms in larger numbers,” Mr McKellar said.

Year-to-date 681,974 new vehicles have been sold, down 13.1 per cent compared to the same period last year.

Toyota remains in the top sales position for September with 16,007 vehicle sales, ahead of Holden with 9,744 and Ford with 8,427.

For further information contact:
Sheena Ireland, Communications Manager
P: 02 6229 8221
M: 0458 038 555
E: sheena.ireland@fcai.com.au