New vehicle sales in Australia up 7.6% in April 2013

Article by Anita Panait, on May 7, 2013

New vehicle sales in Australia surged 7.6 percent in April 2013 to 85,117 units from 79,097 units in the same month in 2012, according to the VFACTS report of the Australian Federal Chamber of Automotive Industries. However, the results were somewhat distorted as Easter holidays in April 2012 meant that the month had 3 less selling days than April this year.

This means that sales per day actually dropped 5.9 percent. With this year’s Easter holidays falling in March, there was also a distortion in the monthly comparison, with sales in April down 12.6 percent from the 97,400 new vehicle sales posted last month.

New vehicle sales in the first four months of 2013 surged 5.6 percent compared to the figure in the same period in 2012, placing the annualized rate of growth at a record 1.132 million. Sales of sports utility vehicles were particularly strong in April 2013, when it was 11.1 percent higher than in April 2012.

Solid new vehicle sales in Australia in April 2013 were particularly attributed to more affordable vehicles – a result of solid household income growth, low interest rates on car loans and a high local dollar.

Toyota remains the best-selling carmaker in Australia in April 2013, accounting for 19.9 percent of the total market. The local Holden unit of General Motors accounted for 9.4 percent of the total market followed by Mazda with 9.2 percent. Rounding up the top five for April 2013 are Hyundai with 8.6 percent and Ford with 8.0 percent.

Topics: australia, sales

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