Toyota Australia predicts new-car market to shrink in 2024, but its sales to grow

  • Home
  • Australia
  • Toyota Australia predicts new-car market to shrink in 2024, but its sales to grow

Toyota Australia has warned of a new-car sales slowdown in 2024 – but it expects to grow its sales with improved production and shorter wait times for top-selling models.


A slowdown in the sales of new motor vehicles in Australia is forecast for 2024 after the all-time annual record was broken in 2023 with more than 1.2 million deliveries.

However Toyota – which has been the top-selling car maker in Australia for 21 years in a row –…

Continue reading this news update.

Comments are closed