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New Car sales Hold the Line in October

Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) showed that 80,925 passenger cars, SUVs and commercial vehicles were sold in October, up 0.1 per cent (or 112 vehicles) on the same month in 2009.

"This is a solid result with sales on a par with the good figures recorded in October last year," FCAI Chief Executive Andrew McKellar said.

"It needs to be acknowledged that sales this time last year were being boosted by the stimulus of the business tax break so it is encouraging to see that the market is maintaining that momentum," he said.

"The market is on track for an impressive yearly total and this confirms the industry can achieve our projection of more than one million vehicle sales," Mr McKellar said.

The SUV segment was the only area to record an increase during October – up 22.9 per cent.  The passenger car segment slipped 2.7 per cent and light commercials were down 13.3 per cent.

Toyota was the top selling marque in October with 16,329 sales; followed by Holden with 9,956 and then Ford with 7,150 units.

Year-to-date, 861,645 vehicles have been sold – an increase of 13 per cent compared to the same period in 2009.

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