The new car sales result for February 2025 have been released. 94,993 new vehicles were delivered in the month.. This is a 9.6% decline for the same month last year.
So far this year there have been just under 182,000 vehicles delivered.
There are two key issues with these figures. First is the declining sales as cost-of-living pressures really start to bite hard at consumers.
The second is just how out of touch with reality is the Governments NVES legislation.
They are pushing battery electric vehicles and imposing draconian penalties on brands that don’t meet their targets.
However, while there are any number on new brands and EV models available. Sales have collapsed to less than 6% of the total. This is a drop of 37% for the YTD from last year.
In contrast the sales of Hybrids and PHEVs continue to grow.
Toyota is the leading brand followed by Mazda, Kia, Ford and Mitsubishi. Followed by Hyundai, MG, GWM Nissan and Subaru.
SUV sales are now about 60.4% of sales, LCVs another 22.5%. Passenger car sales continue to decline with just 13.5% of total sales. Trucks make up the difference.
This is a Motoring Minute
Im Rob Fraser
Readers can find more details about the YTD January car sales – HERE
TO LISTEN TO THE Car Sales – RADIO REVIEW CLICK BELOW
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