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 June 2021
- June 2021 saw a total figure of 110,664 new car sales for Australia as reported by VFACTS
- Figures show new car sales were flat in June 2021 versus June 2020
- With COVID-19 cases being limited, it appears new car sales are returning to pre-COVID norms
- All states remained relatively flat in June 2021 compared to June 2020 with Northern Territory (+48%) and Western Australia (+39%) retaining the highest yearly increases
- Victoria is still performing weaker, up 26,625 units (+22%)
New Car Sales Trends
The top 5 models with the greatest increases so far in 2021 are:
- MG ZS (+7,389 units)
- Isuzu Ute D-Max 4X4 (+6,087)
- Ford Ranger 4X4 (+5,901 units)
- Mazda CX-5 (+5,071)
- Toyota RAV4 (+4,815 units)
The bottom 5 models with the greatest decreases so far in 2021 are:
- Volkswagen Golf (-5,316 units)
- Mercedes-Benz GLC-Class (-2,522 units)
- Honda Civic (-2,311 units)
- Toyota Kluger (-2,209 units)
- Mercedes-Benz GLE-Class (-1,637 units)
The top segment increases so far in 2021 compared to 2020 are:
- SUV Light (+146%)
- Micro (+104%)
- Large > $70K (+65%)
- SUV Upper Large < $100K (+62%)
- Vans/CC 2.5-3.5t (+58%)
Conversely, some of the largest decreases are:
- Upper Large < $100K (-43%)
- Light Buses => 20 Seats (-41%)
- Vans/CC <= 2.5t (-28%)
- Small > $40K (-17%)
- Large < $70K (-14%)
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 its ZS and MG3 models seeing substantial increase in 2021
- Passenger vehicles continue to see the slowest recovery in sales in 2021 (+7%), particularly in small (-7%) and medium (+2%) segments
- The rental market has finally seen strong growth, up 14,487 units (+83%) compared to 2020
- Private sales (+52%) now make 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 Japan continue to rebound significantly in 2021, seeing an increase of 54,763 units compared to 2020
- Sales of imported vehicles from China continue to skyrocket in 2021 with an increase of 24,814 compared to 2020
- Sales of imported vehicles from Germany and USA saw the largest declines so far, with Germany down 8,603 units and USA down 2,604. These countries have been hit by production issues due to COVID outbreaks.
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 July 2021
