New car tsunami headed to Australia in 2024
FOLLOWING all-time record sales in 2023, this year is shaping up to be just as bouyant. Tempered by cost of living pressures – including escalating house and food prices, high rent and
Read MoreFOLLOWING all-time record sales in 2023, this year is shaping up to be just as bouyant. Tempered by cost of living pressures – including escalating house and food prices, high rent and
Read MoreSentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG’s latest Global Automotive Executive Survey. While current perspectives on the automotive market are
Read MoreIncreased stock availability in the Australian new car market appears to be impacting used car demand and values, with new data from used car ‘B2B intelligence platform’ AutoGrab and the Australian Automotive Dealers
Read MoreAn electric car has topped the new vehicle sales charts in Australia for the first time among buyers who bought privately – rather than through a business or fleet. The favourite new car
Read MoreSales of used cars were down in December 2023, mirroring Australia’s new car sales results for the same month – and the Ford Ranger and Toyota HiLux took the top two spots on
Read MoreThe incomparable desirability of Bugatti models was showcased at a landmark auction, which saw the Chiron Profilée1 set a new record as the most valuable new car ever auctioned. This automotive solitaire –
Read MoreFor several years Australians have chosen SUVs and utes over smaller sedans or hatchbacks when looking to buy a new car. Key points: All of Australia’s top selling cars in 2023 were SUVs
Read MoreAUSTRALIA broke a new cars sales record in 2023 with more than 1.2 million units delivered, convincingly higher than the previous record of 1,189,116 units set in 2017. It is an unprecedented
Read MoreKey Points Australians bought 1,216,780 new vehicles last year. The Ford Ranger was Australia’s top-selling vehicle in 2023. It outstripped the Toyota HiLux, knocking it off its perch for the first time in
Read MoreToyota expects overall new car sales in Australia to decline in 2024, but the market leader predicts it will buck the trend. After the company experienced a record second-half performance in 2023 on
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