March was yet one more report month for brand new automobile gross sales in Australia, leading to a report quarter for the market.
A complete of 109,647 automobiles had been delivered in March, beating the earlier March report of 106,988 automobiles set again in 2018.
All up, 304,452 automobiles had been delivered within the first quarter of 2024, up 13.2 per cent on the primary quarter of 2023 and the all-time first quarter for brand new automobile gross sales in Australia.
March 2023, notably, was a weak month for the trade, having been the second-lowest March end result throughout the final 10 years with solely COVID-interrupted March 2020 yielding a decrease complete.
New automobile gross sales had subsequently rebounded, nonetheless, with 9 of the previous 12 months being report outcomes for the trade.
Two further promoting days (26.5 in complete) additionally helped push March 2024’s tally above March 2023’s.
Electrical automobile (EV) gross sales rose by 58.3 per cent over March 2023 to 10,464 items, accounting for 9.5 per cent of the market – up from 6.8 per cent final March.
Mixed, EVs, hybrids and plug-in hybrids accounted for slightly below 1 / 4 of the overall market at 23.5 per cent.
Hybrid gross sales had been up 165.6 per cent over March 2023, accounting for 12.7 per cent of the overall market on their very own.
Whereas the more and more giant number of fashions in Australia undoubtedly performed a hand in hybrid gross sales growing, stronger provide from hybrid chief Toyota helped increase gross sales.
“This can be a terrific end result for the sector nonetheless, all automotive manufacturers are nicely conscious that these outcomes can’t be taken without any consideration,” stated Federal Chamber of Automotive Industries (FCAI) chief govt Tony Weber.
“We have to issue within the ongoing value of residing pressures and the challenges for trade and shoppers that can emerge with the introduction of the New Car Effectivity Customary (NVES) in lower than 9 months.
“A gas effectivity commonplace is lengthy overdue. Nonetheless, we stay involved on the velocity and magnitude of the change for each producers and extra importantly, shoppers.
“The automotive makers will reply, nonetheless it’s going to take time to develop new merchandise, particularly within the giant SUV and Mild Business segments, that meet expectations when it comes to value, efficiency and emissions, noting these automobiles make up multiple third of latest automobile gross sales in Australia.”
Manufacturers
Toyota gross sales had been up 43.4 per cent to 18,961 gross sales, heads and shoulders above second-place Ford (8776 gross sales, up 35.3 per cent).
RAV4 gross sales had been up 185.2 per cent to 5070 items, Corolla gross sales had been up 103.5 per cent to 2027 items, and Camry gross sales had been up 208.4 per cent to 1690 items.
It wasn’t all rosy for the market chief, nonetheless. Whereas its RAV4 was the second best-selling automobile in Australia in March, behind solely the Ford Ranger, the HiLux didn’t make the rostrum.
It was pipped by the Tesla Mannequin Y (4379 gross sales vs. 3995 gross sales), with gross sales of HiLux 4×2 fashions plunging 60.1 per cent year-on-year.
Historically the dominant automobile within the 4×2 ute sector, the HiLux in March fell behind each the Ranger and the Isuzu D-Max.
Ford overtook Mazda, whose gross sales had been flat in March, for second place. A 16.6 per cent decline in Ranger 4×2 gross sales was offset by a 32.4 per cent enhance in 4×4 gross sales, and an enormous 129.8 per cent leap for the Everest.
Mitsubishi was in fourth place, up 34.2 per cent due to gross sales will increase throughout its whole vary, whereas Kia beat company cousin Hyundai for the second month in a row this 12 months, sitting in fifth place.
Tesla sat in sixth place, with gross sales of its lately up to date Mannequin 3 growing by solely two items in contrast with March 2023; the Mannequin Y was its greatest vendor.
The highest 10 was rounded out by Nissan, Isuzu Ute and MG.
Manufacturers that noticed the most important good points, apart from Toyota, had been Tesla (up 68.2 per cent), Nissan (up 46.2 per cent), BYD (up 52.9 per cent), Porsche (52.2 per cent) and Genesis (up 88.4 per cent).
Manufacturers that noticed the most important drops had been Mercedes-Benz (together with vans, down 31.4 per cent), LDV (down 31.1 per cent), Audi (down 27.1 per cent), Volvo (down 37 per cent), Ram (down 44.9 per cent), Jeep (down 54.7 per cent) and Cupra (down 52.6 per cent).
Whereas the March 2024 VFACTS report lists zero Polestar gross sales, the corporate has confirmed it offered 84 automobiles in March. It’s now not reporting its gross sales in VFACTS after it left the FCAI.
Model | Gross sales | Change YoY |
---|---|---|
Toyota | 18,961 | +43.4% |
Ford | 8776 | +35.3% |
Mazda | 8246 | 0.0% |
Mitsubishi | 7866 | +34.2% |
Kia | 7070 | +10.4% |
Tesla | 6017 | +68.2% |
Hyundai | 5985 | +11.5% |
Nissan | 4976 | +46.2% |
Isuzu Ute | 4351 | -4.0% |
MG | 3949 | -1.4% |
Subaru | 3766 | -2.2% |
GWM | 3619 | +8.4% |
Volkswagen | 3026 | -12.9% |
BMW | 2532 | -11.4% |
Suzuki | 2023 | +33.3% |
Mercedes-Benz | 1903 | -31.4% |
Honda | 1628 | +1.2% |
BYD | 1622 | +52.9% |
LDV | 1346 | -31.1% |
Audi | 1290 | -27.1% |
Lexus | 1106 | -2.4% |
Land Rover | 693 | +2.4% |
Porsche | 647 | +52.2% |
Volvo | 641 | -37.0% |
Chery | 555 | |
Skoda | 535 | -16.9% |
Renault | 533 | -24.4% |
SsangYong | 478 | -10.8% |
Ram | 375 | -44.9% |
Chevrolet | 320 | +42.9% |
Mini | 320 | -30.0% |
Jeep | 235 | -54.7% |
Cupra | 213 | -52.6% |
Peugeot | 141 | -29.1% |
Genesis | 130 | +88.4% |
Fiat | 94 | -48.9% |
Jaguar | 91 | +65.5% |
Alfa Romeo | 50 | +22.0% |
Maserati | 43 | +22.9% |
Lotus | 33 | |
Ferrari | 27 | +68.8% |
Aston Martin | 24 | +9.1% |
Lamborghini | 19 | |
Bentley | 16 | +33.3% |
Citroen | 9 | -60.9% |
McLaren | 5 | -16.7% |
Rolls-Royce | 2 | -50.0% |
Fashions
The Ford Ranger was as soon as once more on the prime, although the Toyota HiLux fell off the rostrum.
- Ford Ranger: 5661
- Toyota RAV4: 5070
- Tesla Mannequin Y: 4379
- Toyota HiLux: 3995
- Mitsubishi Outlander: 2764
- Isuzu D-Max: 2465
- Ford Everest: 2264
- Nissan X-Path: 2161
- Toyota LandCruiser: 2159
- Mazda CX-5: 2134
- Kia Sportage: 2114
- MG ZS: 2046
- Toyota Corolla: 2027
- Mitsubishi Triton: 1954
- Isuzu MU-X: 1886
- Toyota Camry: 1690
- Tesla Mannequin 3: 1638
- Hyundai Kona: 1607
- Hyundai Tucson: 1492
- Mazda CX-3: 1467
Segments
- Micro automobiles: Kia Picanto (521), Fiat 500 (31)
- Mild automobiles underneath $30,000: MG 3 (978), Suzuki Swift (558), Mazda 2 (400)
- Mild automobiles over $30,000: Mini Hatch (181), Volkswagen Polo (141), Skoda Fabia (40)
- Small automobiles underneath $40,000: Toyota Corolla (2027), Kia Cerato (1193), Hyundai i30 (1021)
- Small automobiles over $40,000: MG 4 (352), Audi A3 (246), Volkswagen Golf (200)
- Medium automobiles underneath $60,000: Toyota Camry (1690), BYD Seal (365), Mazda 6 (168)
- Medium automobiles over $60,000: Tesla Mannequin 3 (1638), BMW 3 Collection (325), BMW i4 (236)
- Massive automobiles underneath $70,000: Skoda Very good (25), Citroen C5 X (4)
- Massive automobiles over $70,000: BMW 5 Collection (65), Porsche Taycan (43), Audi A6 (28)
- Higher giant automobiles over $100,000: BMW 7 Collection (5), Lexus LS (5), Porsche Panamera (4)
- Individuals movers underneath $70,000: Kia Carnival (592), Hyundai Staria (101), LDV MIFA (37)
- Individuals movers over $70,000: Volkswagen Multivan (48), Mercedes-Benz V-Class (34), Lexus LM (33)
- Sports activities automobiles underneath $80,000: Subaru BRZ (80), Mazda MX-5 (69), Toyota GR86 (67)
- Sports activities automobiles over $80,000: BMW 2 Collection two-door (155), BMW 4 Collection two-door (98), Lotus Emira (33)
- Sports activities automobiles over $200,000: Porsche 911 (118), Ferrari two-door vary (21), Aston Martin two-door vary (17)
- Mild SUVs: Mazda CX-3 (1467), Suzuki Jimny (856), Hyundai Venue (588)
- Small SUVs underneath $45,000: MG ZS (2046), Hyundai Kona (1607), GWM Haval Jolion (1203)
- Small SUVs over $45,000: Audi Q3 (492), BMW X1 (445), Volvo XC40 (305)
- Medium SUVs underneath $60,000: Toyota RAV4 (5070), Mitsubishi Outlander (2764), Nissan X-Path (2161)
- Medium SUVs over $60,000: Tesla Mannequin Y (4379), Lexus NX (546), BMW X3 (292)
- Massive SUVs underneath $80,000: Ford Everest (2264), Isuzu MU-X (1886), Kia Sorento (955)
- Massive SUVs over $80,000: BMW X5 (263), Land Rover Defender (211), Vary Rover Sport (191)
- Higher giant SUVs underneath $120,000: Toyota LandCruiser wagon (1219), Nissan Patrol (663), Kia EV9 (70)
- Higher giant SUVs over $120,000: Vary Rover (77), BMW X7 (65), Lexus LX (45)
- Mild vans: Peugeot Companion (56), Volkswagen Caddy (46), Renault Kangoo (2)
- Medium vans: Toyota HiAce (829), Hyundai Staria Load (329), LDV G10 (276)
- 4×2 utes: Isuzu D-Max (618), Ford Ranger (526), Toyota HiLux (440)
- 4×4 utes: Ford Ranger (5135), Toyota HiLux (3555), Isuzu D-Max (1847)
- Massive pickups: Ram 1500 (313), Ford F-150 (238), Chevrolet Silverado (184)
Gross sales by class
- SUVs: 64,631 gross sales, 58.9 per cent share
- Mild business automobiles: 23,061 gross sales, 21.0 per cent share
- Passenger automobiles: 17,611 gross sales, 16.1 per cent share
- Heavy business automobiles: 4344 gross sales, 3.9 per cent share
High segments by market share
- Medium SUVs: 28,840 gross sales, up 30.6 per cent
- Small SUVs: 16,062 gross sales, up 23.4 per cent
- 4×4 utes: 17,629 gross sales, up 7.0 per cent
- Massive SUVs: 13,011 gross sales, up 3.2 per cent
- Small automobiles: 7502 gross sales, up 19.5 per cent
Gross sales by area
- New South Wales: 33,808 gross sales, up 11.7 per cent
- Victoria: 30,099 gross sales, up 24.9 per cent
- Queensland: 23,550 gross sales, up 5.9 per cent
- Western Australia: 11,074 gross sales, up 9.3 per cent
- South Australia: 6992 gross sales, up 6.9 per cent
- Tasmania: 1610 gross sales, down 0.6 per cent
- Australian Capital Territory: 1584 gross sales, up 0.5 per cent
- Northern Territory: 930 gross sales, up 19.8 per cent
Gross sales by purchaser sort
- Personal patrons: 56,209 gross sales, up 10.2 per cent
- Enterprise: 39,527 gross sales, up 15.7 per cent
- Rental fleets: 6284 gross sales, up 27.6 per cent
- Governments: 3283 gross sales, up 24.7 per cent
Gross sales by propulsion or gas sort
- Petrol: 47,761 gross sales, down 4.9 per cent
- Diesel: 31,731 gross sales, up 5.5 per cent
- Hybrid: 13,935 gross sales, up 165.6 per cent
- Electrical: 10,464 gross sales, up 58.3 per cent
- Plug-in hybrid: 1412 gross sales, up 148.2 per cent
Gross sales by nation of origin
- Japan: 33,588 gross sales, up 31.5 per cent
- Thailand: 24,233 gross sales, up 11.5 per cent
- China: 17,653 gross sales, up 16.7 per cent
- Korea: 13,755 gross sales, up 7.7 per cent
- Germany: 4815 gross sales, up 0.4 per cent
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