New vehicle market strength continues in August

Media Release
4 September 2007

New vehicle market strength continues in August

August was another good month for the new vehicle industry, with 6800 new cars sold during the month (up 0.1% on August 2006), along with 2176 new commercial vehicles (up 1.4% on the same month last year). Year to date, the new car market is running 1.6% ahead of last year, with new commercial vehicles ahead by 4.1%.

“The new vehicle industry has enjoyed a bouyant winter,” said Perry Kerr, CEO of the Motor Industry Association, “and is well on track to post the second 100,000 plus year since the start of the post-nineties recovery. It’s a competitive market out there, and clearly consumers are responding to the value on offer.”

Toyota continues to build a strong lead in both the new car and commercial vehicle markets. Ford maintains second overall in total vehicles, but Holden holds a strong second place in passenger cars. Holden Commodore continues to stretch its lead over Toyota Corolla as the country’s top-selling car model.

ENDS

Sheet 1: Top fifteen distributors, full year 2006, month of August and YTD 2007, total vehicles, new cars, new commercials.

Sheet 2: Top fifteen sellers by model, full year 2006, month of August and YTD 2007, top fifteen rental cars August 2007.

See... Sales Tables (PDF)

© Scoop Media