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All-time record sales result ahead

Pack leader: Toyota’s HiLux is currently the top-selling vehicle in the Australian market, seemingly in a two-horse race for line honours with its Corolla small-car stablemate.

Only ‘external catastrophe’ could stop industry achieving new sales record: FCAI

Market Insight logo9 Sep 2016


- Federal Chamber of Automotive Industries (FCAI) chief executive Tony Weber is confident continued low interest rates and the intense competition in the Australian new-vehicle market will ensure sales reach a record mark of close to 1.2 million units this year – and continue at this running rate for the foreseeable future.

- As VFACTS figures released this week show, total industry sales of 784,380 units to the end of August represent an increase of 22,940 units – or 3.0 per cent – over the same period last year, which went on to become a record annual result of 1,155,408 units come December 31.

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