Solid sales across all vehicle segments resulted in the second highest April volume on record according to Australia’s Federal Chamber of Automotive Industries (FCAI).
FCAI’s official VFACTS data showed that 81,401 passenger cars, SUVs and commercial vehicles were sold in April, up 27.3% (or 17,436 vehicles) on the same month in 2009.
Year-to-date, 333,228 vehicles have been sold, up 20.3% compared to the first four months of 2009.
“There are signs of strength across a broad range of vehicle segments and buyer types,” FCAI chief executive Andrew McKellar said.
“The strong result is certainly very encouraging and shows the competition between the brands is intense but challenges still remain. It has to be expected that recent interest rate increases will have some dampening effect on demand over coming months. However, the industry is hopeful that interest rates must now be at a level where further increases will be more difficult to justify.”
The SUV segment again led in April with an increase of 38%; followed by passenger cars (up 28.5%), light commercials (up 15.7%) and then heavy commercials with a 5.4% increase.
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By GlobalDataToyota retained the top selling position in April with a market share of 20.5%; followed by Holden (12.2%) and then Ford (10.1%).