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New vehicle sales continue to flatten

3 August 2006

New vehicle sales continue to flatten

Both new car and commercial sales last month were again down on the same month last year, with new car registrations of 5,989 the lowest in July since 2002. Year to date new car registrations are now down on 2005 by just over 1% with commercials running 7% behind last year.

The new vehicle market is continuing to adjust to the pressures being experienced in other sectors of the economy but this down turn must also be taken in the context of the fact that new vehicle sales increased year over in the period 2000 to 2005.

Toyota took top place with total sales of 1,545 vehicles ahead of Ford (1,212) and Holden (717). Ford led the passenger car sector with 955 vehicles while Toyota took out the commercial vehicle market with 690 units. Large cars took back the top two spots in the individual model stakes with the Falcon selling 465 vehicles and Commodore 365.

ENDS

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