Australian automobile gross sales hit file ranges in Might


Gross sales of recent automobiles and vans have jumped with Australia’s auto business posting its finest Might consequence on file.

In an additional signal of enhancing provide, the Federal Chamber of Automotive Industries mentioned 105,694 new automobiles have been delivered final month, a 12 per cent enchancment on Might final 12 months.

The consequence was additionally up 2.7 per cent in comparison with Might 2017, the earlier highest for the month, and took year-to-date demand to 456,833, a 4.3 per cent enchancment on 2022.

FCAI Chief Govt Tony Weber mentioned the consequence was encouraging following many months the place deliveries have been hampered by transport and logistics points.

“This result’s a sign that we’re beginning to see some enchancment in provide,” Mr Weber mentioned.

“Nevertheless, not all points are resolved, and our members proceed to work with their clients to enhance supply occasions.”

Mr Weber mentioned the business remained cautious about broader financial circumstances and their potential affect on demand.

“A big proportion of automobiles delivered this month would have been ordered throughout 2022,” he mentioned.

“Since then, we have now seen a shift in financial circumstances with a concentrate on rising price pressures for households and companies.

“However, studies from our members point out that demand stays agency.”

Gross sales of battery electrical automobiles accounted for 7.7 per cent of the overall market in Might and at the moment are operating at seven per cent for the 12 months.

Gross sales throughout all electrified automobiles, together with hybrids and plug-in hybrids, got here in at 15.6 per cent final month.

Toyota was the market chief in Might with 18,340 automobiles, forward of Mazda on 8475, Hyundai on 7078, Kia on 7000 and Ford on 6251.

The Toyota Hello-Lux was the top-selling mannequin with 5772 delivered forward of the Ford Ranger on 4110, Tesla’s Mannequin Y with 3178, the Toyota RAV4 on 2616 and the MG ZS on 2502.