Ranger leads new automobile gross sales in July

New automobile gross sales achieved the best July outcome on report as Australian prospects took supply of 96,859 new autos.

It’s a 14.7% improve on the identical month in 2022 and breaks the earlier July report of 92,754 in 2017.

The July 2023 outcome is a sign the market continues to get better from provide shortages ensuing from COVID plant shutdowns, microprocessor shortages and logistics and delivery bottlenecks, says Federal Chamber of Automotive Industries (FCAI) chief government Tony Weber.

“Throughout the previous 12 months the problem has been one in all securing provide for shoppers, nevertheless as these pressures ease, we’re beginning to see a return to extra secure market circumstances,” he explains.

“Many of those autos have been ordered a number of months in the past, so you will need to monitor the broader financial circumstances by means of 2023 and their influence on non-public and enterprise demand.”

Weber says whereas gross sales within the passenger automobile phase remained at an traditionally low degree, many of those gross sales have transitioned into the SUV class.

“Passenger autos now characterize 17.7% of the market in July whereas the SUV class now sits at 58.9%.  Nonetheless, opposite to extensively held opinion, not all SUVs are giant autos as 75% of SUV gross sales are within the medium, small and lightweight classes.”

Gross sales of zero and low-emission autos proceed to develop with 17.9% being battery electrical, hybrid or plug-in hybrid fashions.  Battery electrical autos (BEVs) accounted for 7% of July gross sales.

China continues to develop in significance as a rustic of origin with 15,853 new autos being from that nation – a 130.1% improve on the identical month final 12 months.

Gross sales throughout each state and territory elevated in July 2023 in contrast with July 2022.  Gross sales within the Australian Capital Territory elevated by 22.4% (1438), New South Wales 11.3% (29,516), Queensland 4.3%(19,719), South Australia 17% (6612), Tasmania 33.9% (1777), Victoria 22.7% (27,097), Western Australia 21.6% (9797) and Northern Territory 19.4% (903).

Toyota was the highest-selling marque with 19,191 gross sales. Mazda adopted with 8307 then Ford (7109), Hyundai (6521) and Kia (6150).

The Ford Ranger was the top-selling automobile with 5143 gross sales, then the Toyota Hello-Lux (4670), MG ZS (3852), Tesla Mannequin Y (3330) and Toyota RAV4 (2750).