September was another record month for new car sales in Australia with 85,054 passenger vehicles, SUVs and commercial vehicles sold during the month. That beats the previous September record … set back in 2005 … by 584 units.
Not only is the increase in sales a good sign for the industry but just who was buying new vehicles was also encouraging. In September sales to private buyers was up 14.2 per cent and that’s a strong indicator that there is renewed confidence in the marketplace.
Once again the SUV segment was the strongest performer during the month and sales in this segment increased by 36.3 per cent. Sales of passenger cars were up by 3.1 per cent and sales of light commercials were up by 1.7 per cent.
As usual Toyota was the top selling brand with sales totaling 16,185 units followed by Holden with 10,718 units and Mazda with 8,850 units.
The Holden Commodore was the top selling vehicle while 2,432 Holden Cruze models were sold and that placed it as the fifth highest-selling vehicle in September.
With no increase in interest rates for the next month it’s likely that we will see new car sales figures go even higher in October.