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New Car sales Up 6.4% in June and 3.3% Ytd

Australia’s 2015 new car market has topped half a million, with the 125,850 new cars sold in June 2015 bringing the 2015 year-to-date total to 578,427.

The 125,850 sales represents a 6.4 per cent increase on June 2014 sales figures; and the 578,427 YTD sales are 3.3 per cent higher than the same YTD period in 2014.

Releasing the June 2015 new car sales figures (VFACTS), FCAI Chief Executive Tony Weber said that the half-year figures show strong growth in the Australian new car market, which is a reflection of the affordability of new cars in Australia.

“According to CommSec, car affordability in Australia is the best it has ever been. Coupled with offers such as capped price servicing and low interest rate finance, now is a great time for Australians to buy a new car.” Mr Weber said.   

“In June, the SUV segment saw the highest growth, with the 42,256 SUV sales representing a 14.7 per cent increase on June 2014 sales figures. The passenger car segment rose 4.7 per cent (56,386) and the light commercial vehicle segment fell 3.1 per cent (23,758),” Mr Weber said.

“YTD SUV sales are up 13.8 per cent, compared to the same period in 2014.

“While the SUV segment saw the most growth, small passenger cars and light commercial vehicles dominated the top five list. The Hyundai i30 was the top selling car in June 2015, with 5,521 sales. The i30 was followed by the Toyota Hilux (4,281), Toyota Corolla (4,152), Mazda3 (4,127) and Mitsubishi Triton (3,526).

“In June 2015, we have seen new car sales to business increase 10.5 per cent. Specifically, business buyers purchased 20.8 per cent more SUVs, 9.1 per cent more passenger cars and 3.4 per cent more light commercial vehicles.

“Sales to private buyers rose 3.7 per cent and sales to government buyers rose 3.5 per cent.

“Looking across the states and territories, sales increased by 5.6 per cent in the Australian Capital Territory, 12.1 per cent in New South Wales, 10.7 per cent in Queensland, 14.1 per cent in Tasmania and 4.1 per cent in Victoria. Sales fell 5.5 per cent in Northern Territory, 3.3 per cent in South Australia and 7.5 per cent in Western Australia.”

Toyota was the top selling brand in June 2015, with 17.1 per cent of the new car market. Toyota was followed by Holden (9.5%), Mazda (9.2%), Hyundai (8.7%), and Mitsubishi (7.2%).