Cautious months ahead for Motor Industry

Media Release
5 November 2009

Cautious months ahead for Motor Industry

Motor Industry Association CEO Perry Kerr says that the motor industry isn’t out of the woods yet, with October’s new passenger vehicle sales only up fractionally on September’s results.

“ While we are satisfied that the new car market appears to be holding showing a minimal increase in passenger car sales from September to October, we are still cautious about prospects for the remained of the year and are taking a taking a slow but steady approach ” says Kerr.

October sales figures for new passenger cars showed that 5,680 were registered, the highest month recorded thus far in 2009. October’s passenger sales were up fractionally by 1.6% on September, though were still down 24.1% on the same month a year ago. Commercial vehicle sales took a drop in October, with 1,218 registrations, down 16.2% on September.

“The October sales results were to be expected and still remain within the industry’s projections. The end of 2008 saw the start of a drop in sales, we anticipate year end numbers to be inline with those results.”

Toyota continues as market leader with Holden and Ford rounding out the top three marques in the new passenger vehicle sector. Toyota also topped the commercial vehicle sales followed by Ford and Nissan. Year to date, Toyota still leads with overall total market share of 21.35%, followed by Ford with 12.38% and Holden with 9.43%.

October saw the Toyota Corolla as the top selling passenger model, followed by the Holden Commodore and in third place the Ford Falcon. Year to date figures show the Toyota Corolla still continues as the country’s best-selling model with sales of 4,145 units sold, ahead of the Holden Commodore with 2,539 units and the Suzuki Swift with 1,969 units.

Detailed figures for top 15 distributors, full year 2008, month of October and YTD October 2009, total vehicles, new cars and new commercials. (xls)

Detailed figures for top 15 sellers by models, full year 2008, month of October and YTD October 2009, top 15 rental cars for October 2009. (xls)

ENDS

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