VFACTS July 2023: Record sales as supply returns to normal

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  • VFACTS July 2023: Record sales as supply returns to normal

The Australian new vehicle market broke the all-time July sales record last month, with 96,589 sales to be up 14.7 per cent year-over-year with the same number of selling days.

The previous July record was 92,754 units back in 2017.

The strong performance – mirrored across all states and territories – is indicative of improved supply and the subsequent clearing of order backlogs that have frustrated customers and dealers alike.

The July result builds on the 2023 market…

Continue reading this news update.

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