Read our monthly update on VFACTS new car sales results.
- Weekly Market Update 16th December 2024
- Weekly Market Update 9th December 2024
- Weekly Market Update 2nd December 2024
- Weekly Market Update 25th November 2024
New Car Sales November 2021
- November 2021 saw a total figure of 80,639 new car sales for Australia as reported by VFACTS
- Figures show new car sales were down 15% in November 2021 versus November 2020
- All states recorded lower sales compared to November 2020 with WA (-20%), VIC (-19%) and QLD (-19%) leading declines
- From a cumulative standpoint however, the nation is still up 18% in total sales compared the same time in 2020
- Only ACT has seen a cumulative decline this year, sitting at -19%
New Car Sales Trends
The top 5 models with the greatest increases so far in 2021 are:
- MG ZS (+11,959 units)
- Ford Ranger 4X4 (+8,225 units)
- Isuzu Ute D-Max 4X4 (+8,220 units)
- Kia Stonic (+7,038 units)
- Toyota Hilux 4X4 (+6,674 units)
The bottom 5 models with the greatest decreases so far in 2021 are:
- Volkswagen Golf (-7,662 units)
- Honda Civic (-3,686 units)
- Mercedes-Benz GLC-Class (-2,522 units)
- Honda CR-V (-2,473 units)
- Audi A3 (-2,361 units)
The top segment increases so far in 2021 compared to 2020 are:
- SUV Light (+88%)
- Micro (+84%)
- People Movers < $60K (+47%)
- SUV Small < $40K (+33%)
- Light Buses < 20 Seats (+32%)
Conversely, some of the largest decreases are:
- Large < $70K (-34%)
- Vans/CC <= 2.5t (-26%)
- Small > $40K (-25%)
- Light Buses => 20 Seats (-24%)
- Upper Large < $100K (-23%)
Some other highlights so far:
- Likely owing to supply shortages, Toyota models have loosened their grip on the market with other models from Isuzu and Mazda making some ground
- Chinese brand MG is making headwinds, with its ZS, MG3 and HS models seeing substantial increase in 2021
- Chinese brand GWM (formerly Great Wall) has also sold well with its 4×4 Ute moving 6,372 units so far this year
- Passenger vehicles continue to see the slowest recovery in sales in 2021 (+2%), particularly in small (-7%), medium (-5%) and large segments (-10%)
- The rental market has seen strong growth, up 26,598 units (+91%) compared to 2020
- Private sales (+25% YoY) 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 51,444 units compared to 2020
- Sales of imported vehicles from China continue to skyrocket in 2021 with an increase of 43,340 compared to 2020
- Sales of imported vehicles from Germany saw the largest decline so far, down 13,975 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 December 2021
