Overall, the YTD result is a record but there was a 12.4% decline in September. This could be as a result of tough economic times and manufacturers finally soaking up all the back orders they were sitting on.

Electric vehicles continue their decline as early adopters have all but been exhausted and buyers are speaking with their dollars and shifting towards Hybrids and PHEVs.

These cars make sense for Australia, more than EVs. This is despite the Government trying to force consumers into EVs.

The Australian love affair with Utes continues with three of the top ten sales and the rest are SUVs.

In fact, some 56% of sales YTD have been SUVs. The LCV segment is another 22.5% so those two classes of vehicle account for almost 80% of sales.

Toyota continues its market dominance with almost 20% of the market. That’s more than the next two brands Ford and Mazda, added together. They are followed by Kia, Mitsubishi, Hyundai, Isuzu, MG, Nissan and GWM.

There have also been a few new brands enter the market, mainly Chinese and EV based, competing for a dwindling market share.

That’s going to be interesting

This is a Motoring Minute

I’m Rob Fraser

Readers can find more details about the Car Sales – HERE

TO LISTEN TO THE Car Sales YTD Sept – RADIO REVIEW CLICK BELOW

Radio Segments Motoring Minute

Motoring Minute is heard around Australia every day on over 100 radio channels.  

Motoring Minute has an average daily audience of over 550,000 listeners. 

Listeners will find Motoring Minute syndicated through various news sites around Australia.

Additionally Motoring Minute is also broadcast as part of Overdrive – Cars Transport Culture Radio Program. 

Listeners can find this program weekly on the Spotify, SoundCloud and the Community Radio Network across Australia.

The post Car sales results YTD Sept 2024 appeared first on Motoring Minute.