The new car sales results for the YTD to October have been released. Australian customers have taken delivery of just over one million vehicles this year.
This is a year-to-date record.
This is in part due to easing supply issues and delivering on existing orders.
Of the top ten selling vehicles, three were Utes, and the other 7 were SUV’s.
YTD SUV’s are still surging with about 56% of sales, Light Commercial with about 22%, passenger cars are still declining with around 17.5% of total sales.
Petrol remains the most popular fuel source, with 49.5% of sales, followed by diesel with 30.5%. Hybrid cars including the plug-in versions account for around 9% of sales and electric cars account for around 7% of sales YTD. Heavy commercial vehicles make up the difference.
Toyota is still number one selling twice as many cars as Mazda at number two. They are followed by Ford, Kia, and Hyundai. The next five are Mitsubishi, MG, Tesla, Subaru and Isuzu.
Final sales and positions will be determined a lot by who can get supply for the last two months.
This is a Motoring Minute
I’m Rob Fraser
TO LISTEN TO THE CAR SALES RADIO REVIEW, CLICK BELOW
Car Sales by State
Sales across every State and Territory increased this month compared with October 2022.
- Sales in the Australian Capital Territory were 18.9 per cent (1,552),
- New South Wales 22.8 per cent (33,001),
- Queensland 16.4 per cent (21,937),
- South Australia 20 per cent (6,677),
- Tasmania 20.8 per cent (1,996),
- Victoria 32 per cent (30,740),
- Western Australia 12.3 per cent (10,166) and
- Northern Territory 1.9 per cent (740).
Car sales by Brand
Toyota was the highest selling marque with 20,298 sales. Mazda followed with 9,316 then Ford (8,605), Hyundai (6,620) and Mitsubishi (6,395).
The Ford Ranger was the top selling vehicle recording 6,215 sales. It was followed by Toyota HiLux (5,766), Isuzu Ute D-Max (3,198) Toyota RAV4 (2,598) and Toyota Landcruiser (2561).
Key Points:
- The October 2023 market of 106,809 new vehicle sales is an increase of 19,510
vehicle sales or 22.3% against October 2022 (87,299). There were 25.2 selling days in both October 2023 and October 2022 and this resulted in an increase of 774.2 vehicle sales per day. - The Passenger Vehicle Market is up by 4,295 vehicle sales (32.2%) over the same month last year; the Sports Utility Market is up by 10,796 vehicle sales
(22.3%); the Light Commercial Market is up by 4,234 vehicle sales (19.7%) and the Heavy Commercial Vehicle Market is up by 185 vehicle sales (4.5%) versus
October 2022. - Toyota was market leader in October, followed by Mazda and Ford. Toyota led Mazda with a margin of 10,982 vehicle sales and 10.3 market share points.
Radio Segments Motoring Minute
Motoring Minute is heard around Australia every day on over 50 radio channels through the Torque Radio network.
Motoring Minute has an average daily audience of over 550,000 listeners. They are also syndicated through various news sites around Australia.
Additionally Motoring Minute is also broadcast as part of Overdrive Radio Program. This can be found weekly on the Community Radio Network across Australia.
Be the first to comment