David Crawford, CEO of the Motor Industry Association says “an already record year to date for new vehicle registrations just got stronger with the highest August registrations since 1984.” August registrations of 12,677 are up 13.3 percent on August 2015.
He says year to date the market is seven percent up on this time in 2015, and heading for another record year. Registrations of new commercial vehicles continues to be exceptionally strong, with 3,781 vehicles for the month of August, the highest month of August on record for commercial vehicles.
For the month of August there were 8,896 passenger and SUV vehicle registrations and 3,781 commercial vehicle registrations.
Toyota was the overall market leader for the month of August with 18 percent market share (2,281 units) with Ford second on 12 percent (1,463 units) and Holden third with 8 percent (1051 units).
Toyota remains the passenger car and SUV market leader for the month of August with 17 percent share (1,542 units), with Mazda second on 9 percent (813 units) and Holden third also with 9 percent (768 units).
Ford retained the commercial vehicle market with 23 percent share (861 units) followed by Toyota with 20 percent (739 units) and Holden third with 7 percent (283 units). Year to date both Ford and Toyota have 21 percent of the commercial market with Ford holding a slight lead with 6,218 units registered to date and Toyota with 6,055 units.
The Toyota Corolla was the top selling passenger model for the month of August with 6 percent market share (535 units), followed by the Kia Sportage on 3 percent (295 units) and the Toyota Yaris also on 3 percent (289 units).
The Ford Ranger is again both the monthly top selling commercial model for August with 19 percent market share (721 units), and the overall top selling model for the month of August. The Toyota Hilux was the second best commercial model with 13 percent market share (486 units) with the Nissan Navara at 7 percent (273 units).
Year to date the Ford Ranger retains its lead as the top selling commercial model with 19 percent market share (5,646 units) followed by the Toyota Hilux, with 15 percent market share (4,235 units).
The SUV segments accounted for 38 percent of vehicle registrations for the month of August followed by passenger segments with 32 percent and the light commercial segments with 25 percent share.
“Economic indicators remain the same as for recent months, with the strongest net immigration on record, healthy tourism sector and a generally robust economy, all of which continues to drive sales of new vehicles year to date beyond that expected for 2016.” said David.
