VFACTS June 2023: Massive sales spike

Australian new vehicle sales totalled 124,926 units in June 2023 – the best result since 2018 when 130,300 cars were sold – to wrap the financial year up in style.

This figure represents 25 per cent growth against June 2022, equates to 8.0 per cent growth for the first half of 2023 over the first half of 2022.

However it could have been an all-time record if vehicle supply matched demand, according to the peak body for Australia’s car brands.

“The end of the financial…

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