May 06, 2019 |
FCAI Releases April 2019 New Vehicle Sales Figures
The Federal Chamber of Automotive Industries (FCAI) has announced the new vehicle sales figures for the month of April 2019, with total sales reaching 75,550 units, an 8.9 per cent decrease on the same period last year.
Year to date sales figures totalled 344,088 units, an 8.1 per cent decrease on the same period in 2018.
“The results for April are in line with trends for year-to-date 2019. We have seen a decrease of around eight per cent across the first four months of the year,” Tony Weber, chief executive of the FCAI said.
“This decrease is the result of a number of factors in the Australian market, including the downturn in the housing market, the tightening of lending practises, environmental factors such as drought and flood, and of course the imminent Federal Government election.
“With all these elements currently present in the market, it is no surprise that Australian consumers are conservative in their approach to major purchases at the moment,” Mr Weber said.
Despite the decrease in overall sales, the segmentation of the market for April 2019 continued to highlight the unique mix of the Australian vehicle market, with Passenger vehicles totalling 23,816 sales (31.5% of the market), SUVs totalling 33,190 sales (43.9%) and Light Commercial vehicles totalling 15,601 sales (20.6%).
Toyota once again claimed the top spot with 15,135 sales, followed by Mazda with 7,644 sales, Hyundai (6,469 sales), Ford (4,803) and Mitsubishi (4,717).