The Federal Chamber of Automotive Industries announced today new car sales continue to lag behind sales for the same time last year. 1079 fewer new vehicles were sold during July than for July 2005. That monthly drop now means that 3.1% fewer new cars have been sold so far this year compared to the same period last year.
Toyota sold the most number of new vehicles with 16,977; Holden came second with 11,129 new vehicles sold and Ford could only manage third with 9,627.
The top selling car was the Toyota Corolla with 4711 units sold during July. Holden sold 4,022 Commodores and Ford sold 3,951 Falcons.
On a worldwide basis Kia reported a 2.3% decrease in overseas sales despite recording 1.8% increase in US sales. In Europe, where Kia is in the midst of bringing a new plant online, sales were down 1.4% although that drop in sales may turn around when they release their new European built small car code named the ED in December.
The new European built Kia will only be sold in Europe
4 thoughts on “Australian Car Sales Slide”
Hmm I think you will see that trend turn around come this months figures with the launch of the VE Commodore later this month I’d expect those who were holding out last month in buying a new Commodore will be on the attack this month.
Also the new Camry and the Toyota Yaris Sedan are also coming out this month so they should boost the sales slightly.
It always amazes me how so many people buy Corollas!
Hey – don’t knock Corollas
I looked at one once – back in the days when there was a coupe 🙂
BTW – I had no luck on the email 🙁
Oh I like Corollas in the same way I like the colour white.. its just boring. I mean people who buy Corollas buy them for 2 reasons.
1. because they are fuel efficient
2. because they wont break down
thats it.. and perhaps maybe because they wont lose to much money in depreciation compared to the likes of the falcon.
Yep – I know what you mean. But they aren’t the only small cars not to lose their resale value.
I saw a 2000 or 2001 Hyundai Excel in the local Hyundai dealer’s yard this week for $9999 – although you have to wonder what they paid for it.
One of my daughter’s might take you to task on the ‘boring’ tag too. She bought a Corolla Sportiva a few years ago and managed to get her first ticket on the way back from the dealer in Sydney to her home in Canberra.
Since then she’s paid enough in speeding fines to buy her own personal speed camera 🙂
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