Over one million new car sales expected
The new vehicle market witnessed a decline of 15.3 percent in November 2021, with 80,639 sales – 14,566 fewer than in November 2020.
All states recorded a sales drop in November, the largest being WA, Queensland and Victoria (falls of 19.8, 19.5 and 19.4 percent).
Year-to-date, 971,429 new vehicles have sold – 150,133 more than this time last year. With ongoing supply constraints and fewer trading days in December, it’s expected around 80,000 new vehicles will sell this month, bringing the annual total to around 1.05 million sales for 2021.
Only three car segments recorded growth in November – micro, people movers and light SUVs.
In the micro segment, the Mitsubishi Mirage saw the strongest growth, up from 37 sold during November 2020, to 649 sold in November 2021.
The biggest selling people movers were the Kia Carnival, Hyundai Staria and LDV G10 wagon.
In the light SUV segment, the Hyundai Venue, Suzuki Ignis and the Volkswagen T-Cross exhibited the largest sales growth.
Many luxury/sports vehicles saw growth during the month. The most notable included Aston Martin, which sold 15 vehicles this month compared to 10 in November last year – the new James Bond movie may be a factor.
The winners:
- Alpine – up from one sale last November to nine sold in November 2021
- Ferrari – nine to 26
- Maserati – 33 to 57
- Genesis – 48 to 100
The losers:
- Land Rover – only 253 sold in November 2021 compared to 560 in November 2020 (-54.8 percent)
- Rolls Royce – eight to four (-50 percent)
- Honda – 2,511 to 1,362 (-45.8 percent).
Words: VACC CEO, Geoff Gwilym.
Data source: Federal Chamber of Automotive Industries.
Share your thoughts! E: ceo@vacc.com.au. As featured in the Herald Sun 10 December 2021.