The new car sales results for March have been released. Not surprisingly there has been an increase in electric vehicle sales with the current temporary fuel pricing issues. 
Overall, 108,103 vehicle sales were recorded in March 2026, which is slightly lower than last year.
Petrol remained the dominant fuel choice followed by diesel. Hybrid and PHEV sales continue to grow. Electric vehicle sales almost doubled in March compared to last year. YTD they are around 10% of sales.
The surge can be attributed to changes to a review of the FBT rules and surging petrol prices. However I feel that many buyers will have buyer regret down the track for reacting to short term influences.
SUVs continue their seemingly unstoppable growth followed by LCV which includes Utes and delivery vans.
Passenger car sales continue to decline, but there may be hope yet with a umber of manufacturers introducing new models into the segment.
Of the top ten models sold in March 3 were Utes, and the rest were SUVs.
Toyota remains the dominant brand with double the sales of number two brand Mazda, However they are 20% down on last year.
Kia, Ford and Hyundai make up the top five brands.
The next five are BYD, GWM, Mitsubishi, Chery and MG
This brand mix would be unthinkable even three years ago.
This is a Motoring Minute
Im Rob Fraser
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