Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) showed that 87,342 passenger cars, SUVs and commercial vehicles were sold in November, up 1.8% (or 1,509 vehicles) on the same month in 2009.
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“These figures show new car sales continue to outperform other economic indicators, including retail spending and business investment,” FCAI chief executive Andrew McKellar said.
“Much of the strength of the market can be attributed to the affordability of new vehicles, evidenced by the healthy sales to private buyers (up 9.6% in November),” McKellar added.
Year-to-date, 948,987 vehicles have been sold, an increase of 11.8% compared to the same period in 2009.
“It is now clear that total sales for 2010 will safely exceed one million units – only the third time this will have been achieved,” he said.
The SUV segment was again the strongest performer during November, recording an increase of 13.3%; followed by passenger cars (up 5%) and then heavy commercials (up 6.2%). The light commercial segment decreased by 18.9%.
Toyota was the top selling brand in November with 19,911 sales; followed by Holden with 11,354 and Ford with 7,844 units.
