Car sales have continued to remain strong in January this year. It was a record month with a touch under 90,000 vehicles delivered.
This is the best Car Sales result since the previous record in January 2018.
Also continuing the trend is the fact that SUVs account for about 55% of dales. Light commercial vehicles, which includes Utes, another 22%. Passenger vehicles around 18% and heavy vehicles the rest.
Petrol remains the dominant fuel source with 47% of sales. Followed by diesel with 32%. Hybrids account for 12% and battery electric vehicle sales have dropped to 5.4%.
Of the top ten vehicles, three were Utes, five were SUVs and 2 were passenger cars.
The top ten brands are led yet again by Toyota with almost 20% market share. They are followed by Mazda, Ford Hyundai, and Mitsubishi. The next five top brands are Kia, MG, Isuzu Ute, GWM and Subaru.
Despite the fast start to the year, it will be interesting to see how it works out over the coming months when residual orders are met, and the full effects of inflation and recession hit the market.
This is a Motoring Minute’
I’m Rob Fraser
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Sales in Western Australia increased by 25.4 per cent compared with January 2023. Queensland was up 5.4 per cent; South Australia by 3.7 per cent; Victoria by 6.3 per cent and NSW by 1.2 per cent. Northern Territory recorded an increase of 11.6 per cent while sales in the ACT decreased by 7.5 per cent compared with January 2023. Tasmania also recorded a decrease of 1.1 per cent.
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