• Australian new motor vehicle sales rose more than expected in January

Market news

15 February 2017

Australian new motor vehicle sales rose more than expected in January

The January 2017 trend estimate (97,231) decreased by 0.2% when compared with December 2016.

When comparing national trend estimates for January 2017 with December 2016, sales for Sports utility and Other vehicles decreased by 0.7% and and 0.4% respectively. By contrast, sales for Passenger vehicles increased by 0.4%.

The largest downward movement across all states and territories, on a trend basis, was in Tasmania (-1.8%).

The largest upward movement across all states and territories, on a trend basis, was in the Australian Capital Territory (1.0%), continuing an upward trend which commenced in September 2016.

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