VFACTS: Aussie automobile gross sales spike, greatest Could end result ever

Robust backorder deliveries drove the Australian new automobile market to an all-time Could gross sales report and the most effective month-to-month end result this yr, with 105,694 new vehicles delivered.

This determine is up 12 per cent year-on-year (YoY), and has pushed the market’s year-to-date (YTD) tally to 456,833 gross sales, up 4.3 per cent and the most effective standing since 2018.

All states and territories noticed a rise, with important progress in WA (25.1 per cent) and Queensland (17.4 per cent) most noteworthy.

Development was recorded in all purchaser kind market segments: Non-public, enterprise, authorities and rental, with the fleet sector rising at a sooner clip due partially to inventory arrivals, and tax breaks such because the FBT exemption for EVs and the (soon-to-change) immediate asset write-off scheme.

There have been 26.8 promoting days in Could 2023 in comparison with 25.8 in Could 2022, due to this fact this resulted in a rise of 285.6 automobile gross sales per day.

Toyota declined 20 per cent as its provide woes lingered (market share all the way down to 17.4 per cent) but it surely remained effectively out in entrance, forward of Mazda, Hyundai, Kia and Ford in that order.

For many who’ve not been paying consideration currently, there are many newer manufacturers entrenched on the pointier finish of the gross sales chart reminiscent of MG (sixth), Tesla (eighth), and GWM (twelfth).

The Toyota HiLux and Ford Ranger remained the 2 top-selling automobiles as has develop into the norm, with the extremely profitable Tesla Mannequin Y in third – forward of the Toyota RAV4 and MG ZS.

Tesla was the driving power (alongside BYD) behind the general gentle automobile market share for EVs of 8.0 per cent – four-fold share progress YTD. Electrified automobiles (EVs and hybrids) made up 15.6 per cent of the overall market.

“This result’s a sign that we’re beginning to see some enchancment in provide,” mentioned head of the Federal Chamber of Automotive Industries Tony Weber.

“Nonetheless, not all points are resolved, and our members proceed to work with their clients to enhance supply instances.”

Mr Weber added that whereas automobile provide points may be starting to ease, the trade remained cautious round broader financial situations and their potential influence on demand.

“A big proportion of automobiles delivered this month would have been ordered throughout 2022. Since then, we’ve got seen a shift in financial situations with a give attention to rising price pressures for households and companies. However, studies from our members point out that demand stays agency.”

Manufacturers

Market-leader Toyota’s gross sales fell away as soon as once more on the again of provide shortages, with its YTD market share now down to fifteen.6 per cent (it was 22.6 per cent this time final yr).

Mazda completed comfortably in second with robust month-to-month progress, with Hyundai edging its sibling model Kia by a whisker into third. Rounding out the highest 5 manufacturers checklist was Ford.

MG edged Mitsubishi (down 25 per cent) into sixth, forward of Tesla which topped each segments it competes in (premium mid-sized sedan and premium mid-sized SUV), whereas Volkswagen rebounded as its provide pipeline out of Europe improves.

Subaru rounded out the highest 10, simply forward of Isuzu Ute, GWM (together with Haval and Tank manufacturers too) and Nissan. Mercedes-Benz edged BMW, with or with out van gross sales included, to high the standard luxurious market.

Manufacturers that had stellar months past these listed included LDV (up 53 per cent), Lexus (up 164 per cent), Audi (up 72.5 per cent), Land Rover (up 169 per cent), Ram (up 50 per cent), SsangYong (up 147 per cent), Fiat (up 328 per cent), and Genesis (up 121 per cent).

Some manufacturers that struggled and went backwards past the highest 10 included Suzuki (down 24 per cent), Honda (down 43 per cent), and Jeep (down 27 per cent).

Fashions

The highest 20 fashions checklist comprised 10 SUVs, six gentle business automobiles, and 4 passenger vehicles.

1. Toyota HiLux: 5772
2. Ford Ranger: 4110
3. Tesla Mannequin Y: 3178
4. Toyota RAV4: 2616
5. MG ZS: 2502
6. Isuzu D-Max: 2371
7. Hyundai i30: 2163
8. Hyundai Tucson: 1911
9. Mitsubishi Outlander: 1880
10. Mazda CX-5: 1846
11. Mazda BT-50: 1788
12. MG 3: 1508
13. BYD Atto 3: 1448
14. Toyota Prado: 1435
15. Toyota HiAce: 1417
16. Toyota Corolla: 1386
17. Toyota LandCruiser wagon: 1364
18. Mitsubishi Triton: 1323
19. Tesla Mannequin 3: 1298
20. Mazda CX-3: 1203

Segments

• Micro Automobiles: Kia Picanto (637), Fiat 500 (59)
• Mild Automobiles underneath $30,000: MG 3 (1508), Suzuki Swift (579), Kia Rio (530)
• Mild Automobiles over $30,000: Mini (198), Audi A1 (47), Skoda Fabia (35)
• Small Automobiles underneath $40,000: Hyundai i30 (2163), Toyota Corolla (1386), Mazda 3 (779)
• Small Automobiles over $40,000: Mercedes-Benz A-Class (211), Subaru WRX (211), Audi A3 (207)
• Medium Automobiles underneath $60,000: Toyota Camry (864), Mazda 6 (149), Skoda Octavia (131)
• Medium Automobiles over $60,000: Tesla Mannequin 3 (1298), BMW 3 Collection (405), Mercedes-Benz C-Class (330)
• Giant Automobiles underneath $70,000: Kia Stinger (317), Skoda Excellent (20), Citroen C5 X (7)
• Giant Automobiles over $70,000: Mercedes-Benz EQE (65), Mercedes-Benz E-Class (48), Porsche Taycan (42)
• Higher Giant Automobiles: Porsche Panamera (14), BMW 7 Collection (9), Mercedes-Benz S-Class (7)
• Folks Movers: Kia Carnival (862), Hyundai Staria (106), Volkswagen Multivan (53)
• Sports activities Automobiles underneath $80,000: Ford Mustang (309), BMW 2 Collection (171), Subaru BRZ (135)
• Sports activities Automobiles over $80,000: Mercedes-Benz C-Class (92), BMW 4 Collection (75), Chevrolet Corvette and Porsche Cayman (33)
• Sports activities Automobiles over $200,000: Porsche 911 (64), Ferrari vary (25), Bentley two-door vary (18)

• Mild SUVs: Mazda CX-3 (1203), Kia Stonic (873), Suzuki Jimny (748)
• Small SUVs underneath $45,000: MG ZS (2502), Mazda CX-30 (1169), Kia Seltos (1148)
• Small SUVs over $45,000: Volvo XC40 (619), Audi Q3 (450), BMW X1 (441)
• Medium SUVs underneath $60,000: Toyota RAV4 (2616), Hyundai Tucson (1911), Mitsubishi Outlander (1880)
• Medium SUVs over $60,000: Tesla Mannequin Y (3198), Lexus NX (549), Audi Q5 (451)
• Giant SUVs underneath $70,000: Toyota Prado (1435), Isuzu MU-X (1110), Ford Everest (812)
• Giant SUVs over $70,000: Lexus RX (489), Land Rover Defender (471), Mercedes-Benz GLE wagon (325)
• Higher Giant SUVs underneath $120,000: Toyota LandCruiser (1364), Nissan Patrol (501), Land Rover Discovery (56)
• Higher Giant SUVs over $120,000: Lexus LX (120), Vary Rover (107), Mercedes-Benz GLS (95)

• Mild Vans: Peugeot Associate (100), Volkswagen Caddy (20), Renault Kangoo (1)
• Medium Vans: Toyota HiAce (1073), Ford Transit Customized (403), LDV G10 (393)
• Giant Vans: LDV Ship 9 (435), Mercedes-Benz Sprinter (327), Fiat Ducato (142)
• Mild Buses: Toyota HiAce (344), Toyota Coaster (37), LDV Ship 9 (6)
• 4×2 Utes: Toyota HiLux (997), Ford Ranger (446), Isuzu D-Max (438)
• 4×4 Utes: Toyota HiLux (4775), Ford Ranger (3664), Isuzu D-Max (1933)

Miscellaneous

Gross sales by area

• New South Wales: 31,589, up 2.4 per cent
• Victoria: 29,154, up 15.9 per cent
• Queensland: 22,306, up 17.4 per cent
• Western Australia: 11,703, up 25.1 per cent
• South Australia: 6737, up 10.5 per cent
• Tasmania: 1697, up 2.8 per cent
• Australian Capital Territory: 1513, up 10.7 per cent
• Northern Territory: 1095, up 9.9 per cent

Class breakdown

• SUV: 55.8 per cent share
• Mild commercials: 22.5 per cent share
• Passenger vehicles: 17.1 per cent share
• Heavy commercials: 4.5 per cent share

Prime segments by market share

• Medium SUV: 22.4 per cent share
• 4×4 Utes: 16.3 per cent share
• Small SUV: 14.6 per cent share
• Giant SUV: 11.8 per cent share
• Small Automobile: 6.2 per cent share

Gross sales by purchaser kind

• Non-public patrons: 54,694, up 7.4 per cent
• Enterprise fleets: 37,515, up 19.7 per cent
• Rental fleets: 5771, up 5.7 per cent
• Authorities fleets: 2975, up 18.1 per cent

Gross sales by propulsion or gas kind

• Petrol: 52,327, up 10.6 per cent
• Diesel: 32,113, down 3.9 per cent
• Electrical: 8124, up 778.3 per cent
• Hybrid: 7600, down 3.7 per cent
• PHEV: 791, up 13.8 per cent
• Hydrogen FCEV: 0

Gross sales by nation of origin

• Japan: 28,350, down 8.1 per cent
• Thailand: 20,624, down 0.5 per cent
• China: 17,958, up 118.8 per cent
• Korea: 15,196, up 0.6 per cent
• Germany: 4942, up 36.2 per cent

Some earlier month-to-month studies