June 06, 2019 |
FCAI Releases May 2019 new Vehicle Sales Figures
The Federal Chamber of Automotive Industries (FCAI) has released the new vehicle sales figures for May 2019, with 92,561 new vehicles sold, a decrease of 8.1 per cent on the same month in 2018.
Year to date, new vehicle sales totalled 436,649, down from 475,222 for the same period in 2018, a decrease of 8.1 per cent.
Tony Weber, chief executive of the FCAI, said the May results followed the trend in the first quarter of the year in the automotive market.
“The Australian market has seen the same trend throughout 2019, resulting in an overall decrease of around eight per cent for the first five months of the year,” Mr Weber said.
“We have attributed this trend to known market factors such as an economic downturn, drought, political event, the tightening of financial lending and lack of confidence in the market.
“Now that the Federal election has been finalised, we are optimistic that the market will improve over the new few months,” Mr Weber said.
The market leader in May was Toyota with 18,820 sales, followed by Mazda with 8,578 sales, Hyundai (8,106 sales), Ford (5,788) and Kia (5,533).
The two top selling vehicles for May were Light Commercial vehicles, the Toyota Hi-Lux (4,206 sales) and the Ford Ranger (3,972 sales). In third place was the popular medium SUV, the Toyota RAV4 (2,917 sales) and in fourth place was the month’s best-selling small car, the Hyundai i30 (2,901 sales).
SUVs continued their first-place sales performance, with 40,937 sales during May, Passenger vehicles with 28,890 sales, and Light Commercial Vehicles with 19,178 vehicle sales.
Source: https://www.fcai.com.au/news/index/index/article/570
