VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

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Thread: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

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    GMI Australia Correspondent Premium Member mikmak's Avatar
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    VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    VFACTS May 2019

    Caradvice.com.au<-LINK

    By Scott Collie

    05 May 2019


    The market continued its slide, recording its 14th straight month of declining sales.


    Car dealers are reporting a sales recovery since last month's Federal Election, but Australian new car registrations continued to decline in May, the 14th consecutive month of sales slowdown.

    VFACTS data for May 2019 recorded 92,561 new vehicle registrations, down 8.1% from the 100,754 achieved in May 2018. That perfectly matches the state of the market in 2019: year-to-date sales are down 8.1% compared to the same point in 2018.

    Tasmania is the only state seeing growth in 2019, up 5.5% in May and 2.2% year-to-date, while the Northern Territory has seen the biggest slide. It's down 10.7% year-to-date, and saw a 20.2% dip in sales during May.

    Passenger cars continued to struggle, down 11.9% last month with 28,890 sales and a 31.2% share of the market, while SUV sales totalling 40,937 represent a 4.7% drop and 44.2% market share.

    A total of 19,178 light commercial vehicles were registered, a dip of 9.0% on May 2018.

    Tony Weber, Federal Chamber of Automotive Industries (FCAI) chief executive, attributed the market's continual decline to factors like "an economic downturn, drought, political events, the tightening of financial lending and lack of confidence in the market".


    He's optimistic confidence from the now-completed Federal Election will help drive consumers back to the dealership, suggesting the market will "improve over the next few months".

    Much more analysis at the LINK

    Quote Originally Posted by mikmak
    Holden are down on 2018 volume, but have risen by 900 sales compared to April. Commodore up slightly with 670 an improvement over 629 sales. This time last year, VF stock was still be cleared, with 1040 sales.
    Evil begets evil Mr. President. Shooting will only make it stronger.

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    R2-D2 Astromech Droid Premium Member mbukukanyau's Avatar
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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    The conquest of Australia by foreign autos is total

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Holden Acadia 206
    Holden Astra 379
    Holden Captiva 8
    Holden Colorado 4X2 204
    Holden Colorado 4X4 1,515
    Holden ZB Commodore 670
    Holden VF Commodore 0
    Holden Equinox 590
    Holden Trailblazer 266
    Holden Trax 554

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    The Numbers for Commodore are at least consistent

    Equinox seems to be finding more homes , it needs an interior upgrade ASAP as it looks like a Tupperware party in there
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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by VS Ute 5Litre View Post
    The Numbers for Commodore are at least consistent
    Too bad they stopped production again. This time for 15 weeks. Astra hatch is under 200 per month, no Astra wagon. I'm trying to get more info about Acadia, there are some serious supply issues, selling at less than 15% of its initial target. Commodore is at under 30%.

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    GMI Australia Correspondent Premium Member mikmak's Avatar
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    Quote Originally Posted by GolfBravo View Post
    Quote Originally Posted by VS Ute 5Litre View Post
    The Numbers for Commodore are at least consistent
    Too bad they stopped production again. This time for 15 weeks. Astra hatch is under 200 per month, no Astra wagon. I'm trying to get more info about Acadia, there are some serious supply issues, selling at less than 15% of its initial target. Commodore is at under 30%.
    Did they really expect >2000/month? Didn't they at least revise the target since Dave Butner arrived? I was overtly positive about the ZB and my rosiest prediction was 1500. Now I'd consider cracking 1000 to be a partial success, but I doubt that would have been big enough to justify the business case.

    I'd be interested to see how it would have sold if it was built in Elizabeth as originally planned. Would the less negative sentiment be worth 1000 sales /month? Even then that wouldn't be enough to sustain the plant.
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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by mikmak View Post
    Did they really expect >2000/month? Didn't they at least revise the target since Dave Butner arrived?
    Holden surely have revised their targets down, hence lack of production. But from Opel's perspective the whole business case was based on circa 27K Holden units a year, and they had to spend millions of € on engineering. The Commodore is not just a rebadged Opel or Buick, there are some major differences between the 3, they are all separate engineering models E2JO/E2JB/E2JH and E2WO/E2WB/E2WH.

    The Elizabeth Insignia/LaCrosse program was all b/s (50K+ Commodore/Statesman), the entire "business case" was based on receiving a large cheque from the government. GM had earlier plans to close Elizabeth prior to VE, but AU govt subsidies were quite attractive to keep the plant "viable" for a while.

    BTW, now that Opel are part of PSA, they can now see how ridiculously expensive Insignias are to build compared to Peugeots and Citroens.

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by mbukukanyau View Post
    The conquest of Australia by TOYOTA is total
    fixed it

    wow Toyota has NOT missed a BEAT
    I guess when you have a WIDE selection AND every thing is "GOOD" and "STABLE"

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by richmond2000 View Post
    fixed it

    wow Toyota has NOT missed a BEAT
    I guess when you have a WIDE selection AND every thing is "GOOD" and "STABLE"
    Well to be fair Toyota isn't viewed as a sellout to their overseas owned parent

    THey "had" to close when Ford and Holden announced their closure first

    Even before that they had a very strong following by selling what customers wanted at a reasonable price

    GM and Ford have tried to rape the customer by stopping local production on the basis of "it's too expensive to make here" then raising prices

    Even the most loyal supporter finds that hard to swallow
    Who the hell approved this abomination? Hidden Content

    I bet it was some dumbarse in Detroit Hidden Content

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by VS Ute 5Litre View Post
    Well to be fair Toyota isn't viewed as a sellout to their overseas owned parent

    THey "had" to close when Ford and Holden announced their closure first

    Even before that they had a very strong following by selling what customers wanted at a reasonable price

    GM and Ford have tried to rape the customer by stopping local production on the basis of "it's too expensive to make here" then raising prices

    Even the most loyal supporter finds that hard to swallow
    It's much simpler than that, Japanese and Korean Carmakers are more than happy to build affordable RHD cars and SUVs for our market where as Ford and GM find that increasingly harder to justify. Both now seem content to offer what makes sense to them and leave the Aussie market to Toyota, Mazda, Hyunda, Kia and Mitsubishi.

    There is a chance that Ford will do more in our market once Ford Europe's products are reformed but I think Holden's goose is cooked and they willbe left with what drops from GM's table.
    Last edited by jpd80; 06-06-2019 at 02:36 PM.

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    5 month wait times for Acadia LTZ-V at the moment which is a bit crazy.

    Small cars are dead, big brands are flogging fleet and rental specials but even rental companies are starting to prefer small SUVs due to higher rental rates. Decent or interesting small cars like Mazda3 or Focus Active will probably get the private buyers.

    Brands like Holden, Ford, Toyota, Mitsubishi are making decent money in Australia due to the ute offerings.
    Last edited by Downandout; 06-06-2019 at 06:23 PM.

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Acadia stock is improving. From this month we can supply almost anything, except for a few specs. July on-wards I believe stocks are plentiful and second half of the year should show a huge improvement. It still won't get close to their initial estimate, which was over 10,000 units for the year.....

    The margins on Colorado (and I'm sure all the other brands' Pickups) are enormous. In a high spec Colorado (LTZ or Z71) they would be pulling in well over $20k per unit gross. With excess stock for most other carlines now mostly under control and the lower staff numbers now at Holden, they would be doing okay.

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    Quote Originally Posted by timandhayley View Post
    Acadia stock is improving. From this month we can supply almost anything, except for a few specs. July on-wards I believe stocks are plentiful and second half of the year should show a huge improvement. It still won't get close to their initial estimate, which was over 10,000 units for the year.....
    Increases in supply for Acadia will be welcome as I suspect it's a much easier sell for Holden, a diesel would be great but what about maybe a dedicated LPG version, perhaps a local fit out would be enough to boost sales even more.

    The margins on Colorado (and I'm sure all the other brands' Pickups) are enormous. In a high spec Colorado (LTZ or Z71) they would be pulling in well over $20k per unit gross. With excess stock for most other carlines now mostly under control and the lower staff numbers now at Holden, they would be doing okay.
    I hope so, last year was terrible and seeing so many good dealerships under stress was heart breaking.

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    Re: VFACTS May: Rav 4 Launches, Holden down on '18 but up on April

    The Japanese are also helped by the fact that the 2nd biggest origin of imported autos (after Japan) is Thailand (where numerous Japanese automakers have plants).

    So can provide vehicles produced there at lower cost, but even Japanese production isn't as expensive these days due to the valuation of the Yen and increased use of lower cost temp workers.

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