A 14.4% year on year plunge in new commercial vehicle sales last month is concerning the local Motor Industry Association.

CV sales reached 3,527 and 7,500 year to date.

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February 2020 registrations were down 2.2% to 11,438 units. 
 
Passenger vehicle and SUV sales rose 4.4% to 7,911 units.

"While it was pleasing to see the passenger and SUV market remain strong it is worrying that the commercial sector continues to be down, the fifth month in a row," the MIA said.

Pure electric sales were "steady" as 124 units sold in February while PHEVs inched up to 113 units and 551 hybrid vehicles were sold. 

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The top models in February were the Ford Ranger (728 units), the Toyota Hilux (580) and the RAV4 (419).

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Toyota remained the overall market leader with a 17% share (1,892 units), followed by Ford (11%, 1,222) and Mitsubishi (10%, 1,106).

After GM announced the end of Holden, the brand slipped to ninth with just 4% of overall volume.