VFACTS: New Car Sales Insights June 2022

Read our monthly update on VFACTS new car sales results.

New Car Sales June 2022

  • June 2022 saw a total figure of 99,974 new car sales for Australia as reported by VFACTS
  • Figures show new car sales were down -10% in June 2022 versus June 2021
  • Sales between states were largely down with ACT seeing a 9% decline compared to June 2021
  • Electric vehicle sales continue to skyrocket in June 2022, seeing a cumulative increase of 337% so far this year compared to last – although much of this is down to newly introduced sales of Tesla vehicles
  • Conversely, petrol vehicle continued their sales decline (-13%)

New Car Sales Trends

The top 5 models with the greatest increases so far in 2022 are:

  • Tesla Model 3 (+4,481 units)
  • Kia Sportage (+2,479 units )
  • Toyota Kluger (+1,966 units)
  • GWM Haval Jolion (+1,655 units)
  • Mitsubishi Triton 4X4 (+1,614 units)

The bottom 5 models with the greatest decreases so far in 2022 are:

  • Ford Ranger 4X4 (-7,569 units)
  • Toyota Landcruiser Wagon (-7,243 units)
  • Nissan X-Trail (-5,220 units)
  • Mazda CX-3 (-5,010 units)
  • Kia Cerato (-4,878 units)

The top segment increases so far in 2022 compared to 2021 are:

  • Large < $70K (+58%)
  • Medium > $60K (+57%) (driven by newly introduced Tesla sales)
  • Light Buses < 20 Seats (+22%)
  • Vans/CC <= 2.5t (+19%)
  • PU/CC 4X2 (+15%)

Conversely, some of the largest decreases are:

  • Sports < $80K (-44%)
  • Large > $70K (-39%)
  • Small > $40K (-35%)
  • SUV Upper Large < $100K (-32%)
  • Micro (-32%)

Sales by Import Country

  • Sales of imported vehicles from China continue to skyrocket with an increase of 13,782 compared to 2021
  • Sales of imported vehicles from Korea have made a strong showing in June 2022 with an increase of 2,369 compared to 2021
  • Sales of imported vehicles from Japan seeing the largest decrease of 23,975 units compared to 2021
  • Sales of imported European vehicles continue to see declines

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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.

Please contact Datium Insights for further analytical support and advisory services.

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