VFACTS: New Car Sales Insights February 2021

Datium Insights Monthly VFACTS Update

Read our monthly update on VFACTS new car sales results.



New Car Sales February 2021

  • February 2021 saw a total figure of 83,977 new car sales for Australia as reported by VFACTS
  • Figures show new car sales increased by 5% in February 2021 versus February 2020
  • With COVID-19 cases being limited, it appears new car sales are returning to pre-COVID norms
  • WA continues to see strong increases in 2021, up 3,162 units (+23%) compared to 2020
  • Victoria, however, is on a decline so far in 2021, down 1,616 units (-4%) due to lockdowns

Australian 2020 New Car Sales

Australian 2020 New Car Sales Cumulative YoY Change by State - Units

Australian 2020 New Car Sales Cumulative YoY Change by State - Percentage

New Car Sales Trends

The top 5 models with the greatest increases so far in 2021 are:

  • MG ZS (+1,903 units)
  • Toyota Hilux 4X4 (+1,830 units)
  • Isuzu Ute D-Max 4X4 (+1,521 units)
  • Toyota RAV4 (+1,194 units)
  • MG MG3 (+1,057 units)

The bottom 5 models with the greatest decreases so far in 2021 are:

  • Volkswagen Golf (-2,353 units)
  • Holden Colorado 4X4 (-1,576 units)
  • Toyota Kluger (-1,434 units)
  • Toyota Yaris (-1,250 units)
  • Honda CR-V (-901 units)

The top segment increases so far in 2021 compared to 2020 are:

  • SUV Light (+76%)
  • Vans/CC 2.5-3.5t (+67%)
  • Micro (+3%)
  • SUV Upper Large < $100K (+53%)
  • Large > $70K (+37%)

Conversely, some of the largest decreases are:

  • Light Buses => 20 Seats (-48%)
  • Upper Large > $100K (-47%)
  • Large < $70K (-37%)
  • Sports > $200K (-33%)
  • Medium < $60K (-28%)

Some other highlights so far:

  • Toyota continues to dominate sales increases with 4 of the top 10 increases in 2021 being Toyota models
  • Chinese brand MG is making headwinds, with it’s ZS and MG3 models seeing substantial increase in 2021
  • Passenger vehicles continue to see the largest declines in sales in 2021 (-12%), particularly in small (-20%) and medium (-19%) segments
  • The rental market continues to shrink in 2021, with 996 less cars (-12%) selling in 2021 to rental businesses

Australian 2020 New Car Sales Cumulative YoY Change by Segment

Australian 2020 New Car Sales Cumulative YoY Change by Vehicle - Top 20 Increases

Australian 2020 New Car Sales Cumulative YoY Change by Vehicle - Top 20 Decreases

Australian 2020 New Car Sales Cumulative YoY Change by Buyer Groups

Sales by Import Country

  • Sales of imported vehicles from Japan continue to rebound significantly in 2021, seeing an increase of 9,845 units compared to 2020
  • Sales of imported vehicles from China continue to skyrocket in 2021 with an increase of 5,562 compared to 2020
  • Sales of imported vehicles from Germany, Thailand and USA saw the largest declines so far, with Germany down 4,654 units, Thailand down 2,931 and the US down 2,291 units. These countries have been hit by production issues due to COVID outbreaks.

Australian 2020 New Car Sales Cumulative YoY Change by Import Country - Top 10 Increases

Australian 2020 New Car Sales Cumulative YoY Change by Import Country - Top 10 Decreases

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Tanim Ahmed

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.

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Published by Tanim Ahmed

Tanim leads the development of our product suite, working with top-notch developers to deliver the best products for our customers. In addition, he also oversees sales and marketing activities, spending time with customers across the country. Tanim has spent a decade in the Leasing and Finance industry, specializing in Residual Value risk. Prior to Datium Insights, he worked in various risk and product roles with the likes of General Electric, Custom Fleet and Westpac. He has degrees in Finance and Economics from Macquarie University.

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