2012 presented the Australian automotive industry a number of considerable challenges. While Australia fared well economically, the same could not be said of our main trading partners, with economic growth in the United States, Europe and Japan left wallowing in the shallows. This had impacts across the Australian automotive sector, with the most notable being the continued strength of the Australian dollar.
In 2012, 972,236 imported passenger vehicles were sold. These were sourced from at least 28 countries and represented around 85 per cent of the total market. Toyota, again, was market leader with 19.6 per cent of the market.
Australia remains one of the few nations in the world to have the ability to take a new motor vehicle from first concept through to final manufacture. We cannot take this rare and unique ability for granted. The Australian automotive manufacturing industry is at a critical stage in its history.
Read more in the FCAI Annual Report for 2012