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FCAI sticks by car sales reporting regime

Big picture: According to the FCAI, a new vehicle sale can only ever be reported once, no matter when this occurs. This ensures market statistics and the contribution the industry makes to Australia’s economy are accurate.

Reporting of new-car sales before or after monthly deadlines needs perspective: FCAI

General News logo9 Sep 2016

- Car companies and dealerships deliberately adjusting sales figures of new vehicles before or after monthly deadlines should be put into perspective and has no “substantial impact” on the motor industry’s contribution to the economy, according to Federal Chamber of Automotive Industries (FCAI) chief executive Tony Weber.

- Speaking to GoAuto on the sidelines of the Australian Automotive Dealer Association’s annual convention in Melbourne this week, Mr Weber said the FCAI – which is responsible for reporting the number of new vehicle registrations by dealers and direct sales by manufacturers throughout Australia – was aware of pre- and post-reporting of vehicles at the end of critical periods.

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