The Federal Chamber of Automotive Industries (FCAI) has today released the new vehicle sales figures for the month of January 2020. This has been done for the first time with an updated reporting system.
Total new vehicle sales were 71,731, a decrease of 10,263 sales compared to 2019. Of that number, passenger vehicles numbered 20,494, whilst SUVs made up 35,393, and LCV (Light Commercial Vehicles) 14,035. Passenger cars were down by 7,556 sales, and SUVs down by just 547 for the same time last year. LCVs saw a drop of 1,774. In percentage terms these equate to drops of 26.9%, 1.5%, 11.2%, and and overall drop of 12.5% for January.
The FCAI chief executive, Tony Weber, said: “Given the broad range of environmental, financial, international and political issues facing Australia during January, it is no surprise to see the new vehicle market has reported a conservative start to the year.”
Japanese giant, Toyota, topped the ladder with 14,809 sales, making Toyota have a 20.6% share of the market. Mazda slid into second with 6,695 for a 9.3% share. Hyundai was nipping at the heels of Mazda with 5,443 and 7.6%. Mitsubishi made 4th with 5,108 sales or 7.1% whilst Kia snared 5th with 4,705 sales and 6.6%.
Toyota’s Hilux, with 2,968 sales, took out the number 1 sales position. Ford’s Ranger claimed 2nd with 2,624 sales. Toyota also grabbed 3rd thanks to the Corolla, with 2,370 sales. The RAV4 from the same maker was 4th with 2,290 sale, followed by the Mitsubishi Triton with 2,075 sales.
Mr Weber said of the updated VFACTS reporting system: “VFACTS is the most accurate source of data for the automotive industry. The updated VFACTS system is working well and automotive brands have welcomed its release. The benefits of the new system include improved data accuracy and more timely reporting lines.