Monday, July 4, 2022
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SUV sales climb despite market downturn

THE Mitsubishi ASX has jumped into the top five selling vehicles in Australia on the back of a continued rise in SUV sales across the country in September, despite a 5.5 per cent drop in overall new vehicle purchases.

SUV sales climbed to 41,420, an increase of 6.2 per cent, underpinned by a significant gain in small SUVs of 25.7 per cent, along with considerable growth in the sale of upper large SUVs; which rose by 10.4 per cent in September.

According to the latest data released today by the motor industry’s statistical service, VFACTS, a total of 94,711 new sets of wheels were sold last month, with passenger cars accounting for just 30,487 of all new vehicles sold.

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The Toyota Hilux was again Australia’s best-selling vehicle with total sales of 4,338, followed by the Ford Ranger with 3,228 and the Toyota Corolla with 2,917.

The Hyundai i30 (2,508), and the Mitsubishi ASX (2,138) both moved up the list to round out the top five.

Light commercial sales fell by 2.3 per cent to 19,298 despite this category once again taking out the two top selling models, while cumulative industry sales year to date have reached 881,005.

Tony Weber, the Chief Executive of the Federal Chamber of Automotive Industries, acknowledged that the results demonstrate an adjustment to the market after a sustained period of record sales.

“What we are seeing is a slightly slowing market, after the industry has produced five years of record sales over the past six years” Mr Weber said.

“After a record 2017, year to date sales in 2018 are sitting just 0.9 per cent below last year’s numbers.

“This demonstrates the inherent strength of the market. The decline in passenger vehicle sales and corresponding growth in SUVs also shows that the traditional family car continues to evolve in Australia.”

From an overall brand perspective, Toyota again led with an 18.4 per cent share of the September market, followed by Hyundai (8.6%), Mitsubishi (8.0%), Mazda (7.5%) and Nissan (5.5%).

News Desk
News Desk
The News Desk is the hub of Exhaust Notes Australia. It's from here that our team of writers journalists and photographers bring you the latest happenings from the world of motoring.

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