New vehicle market steady on strong growth

Vehicle Fitout

David Crawford, chief executive officer of the Motor Industry Association says:  “May sales of 10,064 new passenger and commercial vehicles reflects the current strong economic conditions as sales records continue to fall.  There were 3,262 registrations of new commercial vehicles for the month of May, the strongest May sales since the MIA began collecting records for commercial vehicles”.

There were 6,802 passenger vehicles sold during May, up 455 units on May 2013. Year to date registrations of passenger vehicles is 11 percent (3,574 units) ahead of 2013.

Commercial vehicle registrations of 3,262 units were up 685 units (11 percent) on May 2013.  “Year to date registrations of commercial vehicles is a whopping 20 percent (2,313 units) ahead of May 2013, reflecting a continued strong market for commercial vehicles”, says Mr Crawford.

Toyota was the overall market leader for the month of May with 19 percent market share (1,931 units) with Ford second on 11 percent (1,118 units) and Holden third also with 11 percent (1,090 units).

Toyota was the passenger car market leader for the month of May with 15 percent share (996 units), with Holden second on 12 percent (798 units) and Ford third with eight percent (562 units). Toyota was also the commercial vehicle market leader with 29 percent share (935 units) followed by Ford at 17 percent (556 units) and Holden third at nine percent (292 units).

The Suzuki Swift was the top selling passenger model with four percent market share (272 units), followed by the Toyota Corolla also on four percent (241 units) and the Mazda CX-5 at three percent (230 units).

The Toyota Hilux was the top selling commercial model for May with 566 units sold (17 percent market share). The Ford Ranger was the second best seller with 15 percent market share (503 units).  This was followed by the Toyota Hiace at 11 percent (348 units).  Year to date the Ford Ranger remains the top selling commercial model with 16 percent market share (2,183 units) followed by the Toyota Hilux, with 15 percent market share (2,069 units).

The sale of sports utility vehicles grew to 30 percent of all vehicles sales in May, followed by pick-ups/chassis-cabs with 22 percent and small passenger cars at 16 percent each.

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