Australian new car market hits new record
THE GROWTH OF THE NEW CAR market has hit a new record for 2025, but the FCAI sees a reduction in the market for 2025 as the cost-of-living crisis bites. The new record for vehicle
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Tag: new car sales
Australian new car market suffers downturn due to shortages
THE AUSTRALIAN AUTOMOTIVE MARKET recorded sales of 74,650 new vehicles which is a decrease of 8.1 percent on October 2020 figures. This decrease represents the impact of ongoing microprocessor shortages on international supply chains, but
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New car sales continue to plummet, but not for everyone
NEW CAR SALES FIGURES for May show that the dramatic fall in new car sales continues. Nationwide, 59,894 new vehicles were sold, a 35.3 percent reduction compared to the May 2019 figure. Worryingly, the May
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Car sales fall for 20th consecutive month
IT’S HARD NOT TO FEEL sympathy for car companies and dealers as the Australian new car market continues to decline. Car sales are closely related to property values, so there is some light on horizon
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New car sales continue to fall
NEW SALES FIGURES for October released today by The Federal Chamber of Automotive Industries (FCAI) show that new car sales continue to decline. According to Tony Weber, chief executive of the FCAI, new vehicles have
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New car sales continue to fall
FOR SOME YEARS, it seemed new car sales in Australia would just keep on increasing, but the trend seems to have stalled. The FCAI (Federal Chamber of Automotive Industries) reports that new vehicle sales for
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