GO
GoAutoLogo
MENU

Make / Model Search

News - Market Insight - Market Insight 2016

Market Insight: Industry sales reach new heights

Frontrunner: Toyota points to favourable economic conditions and vigorous competition as reasons behind the strong new-vehicle market overall, typified by its top-selling HiLux.

Sales juggernaut set to break into mad rush this month as car sector surges forward

3 Jun 2016

- Federal elections and periods of political and economic uncertainty can have a negative impact on consumer and business sentiment and, as a consequence, new-vehicle sales, but the booming Australian car industry is showing no sign of losing momentum and is well on its way to another record-breaking annual total of more than 1.16 million sales.

- With May turning out to be another month of solid growth – 96,672 sales were logged, up 3.6 per cent on May 2015 – the automotive industry is now preparing to post its highest-ever first-half sales as the juggernaut breaks into a mad rush in the next few weeks as we approach the end of the financial year.

Click here for full story: Industry sales reach new heights

Click to share

Click below to follow us on
Facebook  Twitter  Instagram

Market Insight articles

Motor industry news

GoAutoNews is Australia’s number one automotive industry journal covering the latest news, future and new model releases, market trends, industry personnel movements, and international events.

Catch up on all of the latest industry news with this week's edition of GoAutoNews
Click here