Read our monthly update on VFACTS new car sales results.
- Weekly Market Update 18th November 2024
- Weekly Market Update 11th November 2024
- Weekly Market Update 4th November 2024
- Weekly Market Update 28th October 2024
New Car Sales December 2021
- Australia recorded a total of 1,049,831 new car sales for 2021, a 14% increase on 2020
- December 2021 saw a total figure of 78,402 new car sales for Australia as reported by VFACTS
- Figures show new car sales were down 18% in December 2021 versus December 2020
- All states recorded lower sales compared to December 2020 with TAS (-27%) and SA (-21%) leading declines
- ACT was the only state to see a downturn (-19%) in 2021 compared to 2020
New Car Sales Trends
The top 5 models with the greatest increases in 2021 were:
- MG ZS (+12,929 units)
- Ford Ranger 4X4 (+8,097 units)
- Isuzu Ute D-Max 4X4 (+7,920 units)
- Kia Stonic (+7,645 units)
- GWM Ute 4X4 (+6,742 units)
The bottom 5 models with the greatest decreases in 2021 were:
- Volkswagen Golf (-8,086 units)
- Honda Civic (-4,244 units)
- Toyota RAV4 (-2,786 units)
- Honda CR-V (-2,648 units)
- Audi A3 (-2,558 units)
The top segment increases in 2021 compared to 2020 were:
- Micro (+90%)
- SUV Light (+80%)
- People Movers < $60K (+52%)
- Light Buses < 20 Seats (+34%)
- SUV Small < $40K (+27%)
Conversely, some of the largest decreases were:
- Large < $70K (-34%)
- Vans/CC <= 2.5t (-31%)
- Small > $40K (-28%)
- Light Buses => 20 Seats (-23%)
- Upper Large < $100K (-22%)
Some other highlights :
- Likely owing to supply shortages, Toyota loosened it’s grip on the market with models from Isuzu and Mazda making ground
- Chinese brand MG made enormous headwinds, with its ZS, MG3 and HS models seeing substantial sales in 2021
- Chinese brand GWM (formerly Great Wall) also sold well with its 4×4 Ute moving 6,742 units for the year
- Passenger vehicle sales were flat in 2021, with small (-10%), medium (-7%) and large segments (-12%) all seeing declines
- The Micro segment experienced a massive surge in 2021 – up 90%
- The rental market saw strong growth, up 25,522 units (+74%) compared to 2020
- Private sales (+20% YoY) made up more than 50% of all sales in the market due to dealers gaining higher margins on these types of sales
Sales by Import Country
- Sales of imported vehicles from China skyrocketed in 2021 with an increase of 45,566 compared to 2020
- Sales of imported vehicles from Japan rebounded in 2021, seeing an increase of 41,333 units compared to 2020
- Sales of imported vehicles from Germany saw the largest decline, down 15,415 units
By Tanim Ahmed, Head of Product at Datium Insights
Tanim is a Macquarie University alumni with degrees in Finance and Economics. He has spent a decade in the Leasing and Finance industry, specializing in Residual Value risk.
Please contact Datium Insights for further analytical support and advisory services.
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VFACTS: New Car Sales Insights January 2022
