VFACTS December 2022: New-car demand remains strong amid year of major upsets

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  • VFACTS December 2022: New-car demand remains strong amid year of major upsets

Demand for new motor vehicles in Australia remains strong despite interest rate rises and delivery delays, however some major upsets have revealed our changing taste in cars.


Australian new-car sales remained steady last year despite interest rates rises and ongoing delivery delays – but buyer tastes are changing and waiting times still stretch three months to two years, depending on the model.

Figures released today by the Federal Chamber of Automotive Industries…

Continue reading this news update.

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