Australia new vehicle sales flat for August month image

According to industry data, help new vehicle sales in Australia were little changed in August compared to the same month of last year, online though sales were up on July.

The Australian Federal Chamber of Automotive Industries VFACTS report said total vehicle sales in August were 93, store 336, compared to 93,552 in 2012 and 90,235 in July. Adjusting for seasonal factors, sales were actually up 2.9% on July.

Sales for the first eight months of 2013 were running 4.0% ahead of the same period last year, while annualized sales were steady at 1.135 million. Demand for SUVs remained brisk with sales 4.3% higher than in August last year, while sales of passenger cars increased by 3.5%. The light commercial market pulled back by 15.3% after strong gains earlier in the year, and sales of heavy trucks fell 8%.

For August alone, Toyota retained first place on the sales ladder with 19% of the market. The local Holden unit of General Motors took second spot with an improved take of 11.4%, while Mazda increased its share to 10.5%. Hyundai held 8.4% of the market with Ford trailing badly at 6.7%.

Via Reuters