VFACTS: March 2020 new car sales
3 March 2020
Sales fall 18 per cent amidst COVID-19 crisis, but Toyota makes gains. Kia beats Hyundai, Chinese brands boom, Holden's runout results not quite as stellar as expected
New vehicle sales took a hit in March, as you might expect, although it wasn't the cataclysmic drop some might have projected.
VFACTS data compiled by the Federal Chamber of Automotive Industries released today shows that car sales fell by 17.9 per cent compared to March last year, to 81,690 sales.
You have to return to 2009, at the height of the global financial crisis, to find a lower figure for March. That year there were 75,650 new cars sold.
March is historically the second-biggest month of the year for new car sales – because it is the lead-up to the end of the Japanese financial year.
peaking with car brands, it seems clear that there was a notable decline in buyer interest as the month progressed, and as social distancing and other rules came into place.
While most car dealerships remain open to sell and service vehicles, some are running at a reduced capacity, and many are concerned about an April where they lack the sort of forward orders they might have executed during March.
The March monthly result represents the 24th consecutive month of negative growth for the automotive industry in Australia. That means constant month-on-month declines since early 2018.
Sales for quarter one of the 2020 calendar year sit at 233,361 units, down 13.1 per cent. This means that the market is tracking to fall shy of a million sales annually.
Brand March 2020 sales Change over March 2019
Toyota 17,583 1.6%
Mazda 6819 -29.1%
Mitsubishi 6002 -40.8%
Kia 5654 6.6%
Hyundai 5306 -31.4%
Holden 4992 30.2%
Ford 4857 -21.2%
Nissan 3501 -31.6%
Honda 3144 -27.5%
Subaru 3024 0.2%
...The top-selling vehicle in March was the Toyota HiLux with 3556 sales, followed by the Ford Ranger (3108 sales), Toyota RAV4 (a remarkably high 2991 sales and the number-one SUV), Toyota Corolla (2812 sales to be the top passenger car) and the runout Holden Colorado (2391 sales).
The next five were the Hyundai i30 (1856), just edging the related Kia Cerato (1841), and Mitsubishi Triton (1813), Mazda CX-5 (1734), and Mitsubishi ASX (1643)....
Much more details and analysis at the LINK