Demand for new vehicles in Australia has continued to grow during July with an increase of 16.1 per cent on the same month last year, against a background of local COVID-19 restrictions and continuing supply chain challenges.
A total of 84,161 vehicles were sold across Australia compared with 72,505 during the corresponding month last year. The States of Queensland, Victoria, Western Australia and the Northern Territory all recorded growth greater than 20 per cent compared with 2020, while New South Wales and the Australian Capital Territory recorded a decline.
Federal Chamber of Automotive Industries Chief Executive Tony Weber said that despite the impacts of lockdowns on major retail locations, the market remained strong.
“The growth of 16.1 per cent shows the underlying strength, confidence and resilience in the market in spite of the challenges being presented due to lockdowns and ongoing delivery issues caused by microprocessor shortages and shipping delays.
“The Light Commercial segment increased by 40.9 per cent on July last year while SUV sales are up by 15 per cent. We are also seeing the trend of restocking in the rental segment, with growth of 231.4 per cent reflecting the increasing demand for local tourism and travel.
“Also significant this month is the strong demand for Electric (EV) and Plug-in Hybrid Vehicles (PHEV) in Victoria and NSW where the State Governments have introduced a road user charge offset by consumer grants and continuing infrastructure investment.
In Victoria, EV sales were up 191.1 per cent and PHEV up 161.3 per cent compared with July 2020. In NSW, EV sales increased by 260 per cent and PHEV by 84.9 per cent.
Toyota was market leader in July, selling a total of 17,643 vehicles. Mazda led the rest of the brands with 8,919 vehicles sold. Ford (5,569), Mitsubishi (5,302) and Kia (5,202) followed.
The top selling vehicles in July 2021 were:
- Toyota Hilux – 4,610
- Ford Ranger – 4,064
- Toyota Corolla – 2,535
- Isuzu Ute D-Max – 2,427
- Mazda CX-5 – 2,389