Australia New Vehicle Sales Up 11.3% in January image

New vehicle sales in Australia increased 11.3% in January compared with the same period last year.

According to the Australian Federal Chamber of Automotive Industries VFACTS total vehicles sales in Australia last month reached 85,430 units, from 76,783 units sold in January 2012. In December sales decreased 10.5%, a dramatic drop for what is considered a strong month. In 2012 sales in Australia reached a new record of 1.11 million, up 10.3 compared with 2011.

Light commercial vehicles increased for the second consecutive month, this time with 43.9%, while heavy truck sales increased 10.3%. But Australians’ favorites remain the SUVs, buying 4,459 of them, up 20.1%. Analysts have observed a stark contrast between the strength of auto sales and the retail spending, maybe because consumers were attracted by the low interest rates on vehicle loans.

Toyota was the leader with a 15.7% market share, followed by Mazda with 10.4%, GM with 10.3%, Ford with 9.0% and Nissan with 8.5%.

 

              Jan      Dec    m/m pct   Jan/12  y/y pct
    Sales     85,430   95,427  -10.5     76,783  +11.3

    Sales by Type:         Jan '13/Jan '12 Volumes
                            Change    Pct Change
    Passenger Vehicles        -557       -1.3
    Sports Utility          +4,459      +20.1
    Light Commercial        +4,569      +43.9
    Heavy Commercial          +176      +10.3