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Australian car sales slump by another 13% – and the worst is yet to come

Australian car sales slump by another 13% – and the worst is yet to come

  • Australian vehicle sales slumped by almost 13 per cent in July 
  • Auto industry fears worse to come following introduction of stage four lockdown
  • On a year-to-date basis, sales were now down by 19.2 per cent to 514,920 
  • The top-selling model was the Toyota RAV 4, with 4,309 of the cars sold 

Australian vehicle sales slumped by almost 13 per cent in July and the auto industry fears worse is to come following the introduction of stage four coronavirus restrictions in Victoria.

The Federal Chamber of Automotive Industries says 72,505 cars and trucks were sold last month, down from 83,184 in the same month last year.

On a year-to-date basis, sales were now down by 19.2 per cent to 514,920.

Australian vehicle sales slumped by almost 13 per cent in July and the auto industry fears worse is to come following the introduction of stage four coronavirus restrictions in Victoria. The top-selling model was the Toyota RAV 4

The July result continued the downward trend for the market in recent months, which has only accelerated during the COVID-19 pandemic.

In June, demand was down by 6.4 per cent after falls of 17.9 per cent in March, 48.5 per cent in April and 35.3 per cent in May.

Toyota was the leading brand last month with 15,508 sales, followed by Mazda (7806), Mitsubishi (4684), Hyundai (4634) and Kia (4625).

The top-selling model was the Toyota RAV 4, with 4309 retailed followed by the Ford Ranger (3104), the Toyota Hi-Lux (2947), Toyota Corolla (2192) and the Hyundai i30 (1745).

The Federal Chamber of Automotive Industries says 72,505 cars and trucks were sold last month, down from 83,184 in the same month last year. A total of 3,104 Ford Rangers were sold

The Federal Chamber of Automotive Industries says 72,505 cars and trucks were sold last month, down from 83,184 in the same month last year. A total of 3,104 Ford Rangers were sold

FCAI chief executive Tony Weber said given current market conditions and the industry’s long-term downturn, the July 2020 results were not unexpected.

‘The Australian automotive industry, like many sectors in the Australian market, continues to face challenging and difficult conditions, exacerbated by the advent of the COVID-19 pandemic.

‘The extended restrictions which have now been invoked in Australia’s second-largest market, Victoria, will no doubt further challenge the industry during the coming months.’

AUSTRALIA’S TOP SELLING CAR COMPANIES IN JULY 

1 Toyota 15,508 sales

2 Mazda 7806

3 Mitsubishi 4684

4 Hyundai 4634

5 Kia 4625

6 Ford 4573

7 Volkswagen 3710

8 Nissan 2906

9 Subaru 2864

10 Honda 2199 

AUSTRALIA’S TOP SELLING VEHICLES IN JULY 

1 Toyota RAV4 4309 sales

2 Ford Ranger 3104

3 Toyota Hi-Lux 2947

4 Toyota Corolla 2192

5 Hyundai i30 1745

6 Mazda CX-5 1727

7 Mitsubishi Triton 1593

8 Mazda CX-3 1355

9 Toyota Camry 1281

10 Mazda3 1224

Read more at DailyMail.co.uk


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