NEW vehicle sales have continued their downward trend, with the Federal Chamber of Automotive Industries (FCAI), the peak industry body for the automotive industry, today announced the new vehicle sales figures for the month of April 2019.
Total sales for the month were 75,550 units, an 8.9 per cent decrease on April 2018 when a figure of 82,930 was recorded. Year to date figures for April 2019 totalled 344,088 units, an 8.1 per cent decrease on the same period in 2018.
“This decrease is the result of a number of factors in the Australian market, including the downturn in the housing market, the tightening of lending practices, environmental factors such as drought and flood, and, of course, the imminent Federal Government election,” Tony Weber CEO of FCAI said.
“With all these elements currently present in the market, it is no surprise that Australian consumers are conservative in their approach to major purchases at the moment,” Mr Weber said.
Despite the decrease in overall numbers, the segmentation of the market for April 2019 continued to highlight the unique mix of the Australian vehicle market, with passenger vehicles totalling 23,816 sales or 31.5 per cent of the market.
SUVs totalled 33,190 sales or 43.9 per cent of the market and light Commercial vehicles totalled 15,601 sales or 20.6 per cent of the market.
Toyota once again claimed the top spot with 15,135 sales. Mazda, with 7,644 sales, claimed second position, and was followed by Hyundai in third position with 6,469. Ford, with 4,803 and Mitsubishi, with 4,717, completed the top five brands.
The Toyota HiLux remains at the top of the tree for individual model purchases, closely followed by the Ford Ranger, which has increased owner numbers by 7.7 per cent, and the Toyota Corolla, itself down 18.5 per cent on the same period last year.
The top five was rounded out by the Mazda3 and new entrant, the Toyota Landcruiser, ahead of the Hyundai i30, Mazda CX-5, Kia Cerato, Toyota Prado and Hyundai Tucson. More vehicles were sold in NSW than any other state.