The latest new car sales figures have been released for March. They show a slight pickup but just below the record from last year.
In total there were 108,606 sales for the month.
SUVs remain the dominant segment with around 60%, LCV next with about 22%, and passenger cars a bit under 13%.
Petrol remains the dominant fuel choice at 40% followed by Diesel at 30%. The big move has come from hybrid and PHEV vehicles that now account for about 22%. EVs have plunged to about 5% of recorded sales.
In fact, EVs account for only 4% of total reported sales year-to-date. This shows just how out of touch the governments NVES are to the buying demand.
Toyota was the top brand with about 20% of sales. Followed by Mazda, Ford, Kia, and Mitsubishi. The next top five brands are Hyundai, GWM, MG, Nissan, and Subaru.
Four of the top ten models sold were Utes, but with a shift towards PHEV with the BYD Shark 6 coming from nowhere to be top ten this month.
The automotive landscape is rapidly changing this year with so many new brands entering the market.
More brands, more choice in a stable market will see some brands disappear and some have their market share dissipated.
I’m glad I’m a casual observer and not responsible for a brand. It must be stressful.
This is a Motoring Minute
I’m Rob Fraser
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