VFacts July 2019: Slump Continues

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Thread: VFacts July 2019: Slump Continues

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    GMI Australia Correspondent Premium Member mikmak's Avatar
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    VFacts July 2019: Slump Continues

    VFacts July 2019: Slump Continues

    Caradvice.com.au

    Mike Costello
    Senior Editor


    05 August 2019

    Market slump continues for a 16th straight month, though SUVs buck the trend. Ditto Kia, Subaru, Skoda, and brands out of China

    Sales of new vehicles in Australia fell for the 16th successive month in July, relative to the same month in the preceding year.

    Self-reported VFACTS figures provided by the industry’s peak body, the Federal Chamber of Automotive Industries (FCAI), showed 83,184 sales, down 2.8 per cent.

    This takes the running annual tally to 637,750 units, 7.7 per cent below where the market sat at this point in 2018. The cumulative total is the lowest it has been in seven years, given the YTD tally at the end of July 2012 read 634,495 units.

    One thing did go upwards though: SUV sales. These high-riding wagons managed 45.6 per cent market share (equal to 37,894 sales), nearly as much as utes and vans (20.1 per cent share), and conventional passenger cars (30.5 per cent share), combined.

    As the FCAI summed up, the present market situation is bad news for car brands and their franchisee dealers, but good news for prospective car buyers.

    “The consumer… is spoiled for choice with attractive new car offers as automotive brands provide excellent deals to stimulate sales growth,” said CEO Tony Weber.

    Toyota wasn’t just the market leader overall, but three of the top 5 selling vehicles were from its stable: the HiLux (3359) and Corolla (3244) were one-two, and the RAV4 (2419) took fourth spot.

    Check out the deets here: LINK

    Quote Originally Posted by Car Advice
    Holden hung onto 10th despite dropping by 16.8 per cent (and 24 per cent YTD). The new Acadia helped through adding 261 incremental sales to offset the loss of the Captiva, while Equinox grew 56 per cent to 423. However, the Astra plummeted 73 per cent to 157 units, and the Commodore (MY18 stock being sold still) fell 17.4 per cent to 460.

    Last edited by mikmak; 08-05-2019 at 12:58 AM.
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    Re: VFacts July 2019: Slump Continues

    Acadia - 261
    Astra - 157
    Colorado - 151 (4x2) + 1166 (4x4)
    Commodore - 460
    Equinox - 423
    Trailblazer - 221
    Trax - 427

    Total - 3266

    Can anyone shed any light on Astra and Acadia sales? Is stock supply still an issue?
    Last edited by BP'93; 08-05-2019 at 02:14 AM.

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    Re: VFacts July 2019: Slump Continues

    how is consumer sentiment down under?
    in the USA it is quite strong
    also what is the USED market looking like EX for "AUS BIG SIX sedans"

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    A mate of mine deals in wholesale cars for dealers, mainly buying through auctions. He told me that there is strong demand from dealers for VF Commodores but no one is interested in ZBs.

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    Re: VFacts July 2019: Slump Continues

    Quote Originally Posted by AceRimmer View Post
    A mate of mine deals in wholesale cars for dealers, mainly buying through auctions. He told me that there is strong demand from dealers for VF Commodores but no one is interested in ZBs.
    So he deals in secondhand cars?

    Well of course there is demand for VFs second hand as they would be 10 grand or more cheaper than a new car

    What is puzzling is Astra to me

    It's a decent looking car not outrageously priced


    I don't get it other than people just giving the middle finger to Holden
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    Re: VFacts July 2019: Slump Continues

    Could they have been caught up with the quarantine problems that have affected some shipments coming in and the boat denied entry?

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    Re: VFacts July 2019: Slump Continues

    Quote Originally Posted by VS Ute 5Litre View Post
    So he deals in secondhand cars?

    Well of course there is demand for VFs second hand as they would be 10 grand or more cheaper than a new car

    What is puzzling is Astra to me

    It's a decent looking car not outrageously priced


    I don't get it other than people just giving the middle finger to Holden
    I absolutely love my Astra! It's so enjoyable to drive, it honestly does put a smile on my face every time I get in it. It's such an underrated car by so many, I just don't understand it myself? I've had mine now for just over a year, has just over 15,000km on it and still feels as good as the day I picked it up. I've had no issues whatsoever and I'd happily refer the Astra to anyone looking at getting a decent small hatch. Currently get 6.8L/100km and that's around town with the occasional sport mode on too!

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    Re: VFacts July 2019: Slump Continues

    Goodness those are microscopic sales numbers. Does GM need to be in business there?

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    Re: VFacts July 2019: Slump Continues

    Quote Originally Posted by BORG View Post
    Goodness those are microscopic sales numbers. Does GM need to be in business there?
    most others around the same open the link and have a look
    Who the hell approved this abomination? Hidden Content

    I bet it was some dumbarse in Detroit Hidden Content

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    GMI Australia Correspondent Premium Member mikmak's Avatar
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    Quote Originally Posted by BORG View Post
    Goodness those are microscopic sales numbers. Does GM need to be in business there?
    yes, but better business. I think they have better things coming. The main reason is worthwhile is to test RHD products. We're now one of the highest $ per unit RHD markets, so testing the waters elsewhere is a bloody expensive exercise. If GM can't be assed with RHD, then I guess they should just move along.
    Last edited by mikmak; 08-05-2019 at 07:40 PM.
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    Before you go dismissing RHD countries, emerging markets like Indonesia have 270,000,000 people (maybe 10% can actually afford a car). These regions, including Malaysia, spend more on their cars than their houses. It's still a potent status symbol, particularly foreign brands.
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    Re: VFacts July 2019: Slump Continues

    Is there a supply issue with Astra, they are tiny numbers.

    Still think a V6 petrol Colorado would sell well with all the DPF dramas in the media. They make them already in Thailand for the middle east.

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    Re: VFacts July 2019: Slump Continues

    Quote Originally Posted by VS Ute 5Litre View Post
    So he deals in secondhand cars?

    Well of course there is demand for VFs second hand as they would be 10 grand or more cheaper than a new car

    What is puzzling is Astra to me

    It's a decent looking car not outrageously priced


    I don't get it other than people just giving the middle finger to Holden
    I think he was referring to 2nd hand ZB's as well, I'm sure there would be a couple floating around the auctions.
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    Re: VFacts July 2019: Slump Continues

    I don’t know GM managed to bleed marketshare in Australia. From first down to tenth, but it is impressive to watch
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    GMI Australia Correspondent Premium Member mikmak's Avatar
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    Re: VFacts July 2019: Slump Continues

    Quote Originally Posted by Anthony Evans View Post
    I don’t know GM managed to bleed marketshare in Australia. From first down to tenth, but it is impressive to watch
    At risk of beating a dead horse:
    Management of domestic brand during an assault by conservative government,
    Losing all their equity and control of Daewoo development due to being a subsidiary of a US Corporation that went bankrupt and sucked them dry,
    Declined protection from a reduction in import tarrifs,
    Missing the mark with the market shift to SUVs (Captiva had longevity issues)
    Middle of the pack small car in that same period (Cruze) lumbered with the awful 1.h8 liter I4
    Decontenting of the VE Commodore on release (still had a 4A up until 2010!)

    Did I miss anything?
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