VFACTS: 2019 new car sales results
06 January 2020
Car sales tumble to 2011 levels; industry cites lending reforms, wage growth, housing market, drought as factors
Australia’s 2019 new car sales tally finished up almost 8 per cent down on the previous year, making it the worst since 2011.
Self-reported Federal Chamber of Automotive Industries data counted 1,062,867 new vehicles sold. That is more than 90,000 fewer than 2018’s tally.
Each state and territory went backwards, by a minimum of 2.3 per cent (Tasmania) to 16 per cent (Northern Territory). Buyers in New South Wales and Victoria, combined, purchased 60,000 fewer new cars than they did in 2018.
The data shows that SUVs accounted for 45.5 per cent market share, up from 43 per cent in 2018. Passenger cars managed 29.7 per cent share, and light commercials 21.2 per cent.
Toyota topped the charts with 205,766 sales for the year, down 5.2 per cent. Mazda fell by 12.3 per cent but hung on to second place with 97,619 cars counted as sold. Hyundai scraped into third with 86,104 sales, despite volumes falling by 8.6 per cent.
Mitsubishi fell by ‘only’ 2 per cent for a fourth-placed total of 83,250, well ahead of Ford (63,303, down 8.4 per cent), Kia (61,503, up 4.6 per cent), Nissan (50,575, down 12.3 per cent), Volkswagen (49,928, down 11.8 per cent), and Honda (43,868, down 14.9 per cent).
Holden hung onto the final spot inside the top 10 with 43,176 sales, despite falling a massive 28.9 per cent. It edged out Subaru, whose distributor recorded a sales dip of 20 per cent to 40,007.
Much more analysis at the LINK