The Australian new car market posted its best yearly result ever in 2023, as supply caught up with demand in a record-breaking second half.

According to official new-car sales results from the Federal Chamber of Automobile Industries (FCAI), 98,544 vehicles were registered in December for a cumulative total of 1,216,780 vehicles in 2023 – beating the previous annual record of 1,189,166 cars in 2017.

Top-selling brand Toyota sold 19,281 vehicles in December, followed…