• Sales of New Motor Vehicle decline in Australia

Market news

16 November 2016

Sales of New Motor Vehicle decline in Australia

  • The October 2016 trend estimate (98,997) increased by 0.3% when compared with September 2016.

  • When comparing national trend estimates for October 2016 with September 2016, sales for Passenger vehicles and Other vehicles decreased by 0.7% and 0.1% respectively. By contrast, sales for Sports utility vehicles increased by 1.4%.

  • The largest upward movement across all states and territories, on a trend basis, was in Tasmania (2.9%), continuing an upward trend which commenced in May 2016.

  • The largest downward movement across all states and territories, on a trend basis, was in the Northern Territory (-1.5%).

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