With two months of the calendar sales year left to go for new vehicle dealers, it is looking more than likely that the market will see a record number of passenger and commercial vehicles sold.
New light commercial (3500kg GVM) sales of 32,173 units to the end of October 2016 are more than 14% ahead of last year’s tally of 28,081 units.
According to data received from the Motor Industry Association, sales of new trucks (over 3500kg GVM) are holding steady at 4,114 units up from 4,004 in the previous corresponding period.
Industry insiders are discussing possible figures of more than 143,000 units beating last year’s record of more than 134,234 new vehicle sales if the market remains at its current level of performance which is more than 8% ahead.
New SUVs and utes are driving the increased new car market numbers, while new car sales are holding steady at 41,355 units, slightly lower than 41,372 units at the end of October 2015.
The rise and rise of the SUV sees a more than 13% increase year-to-date to October 31, with 43,044 new SUV sales up from 37,955 in the previous corresponding period.
