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Market Insight: Quieter July no cause for concern
Car sector ready for another record year as quieter July belies strength in market
7 Aug 2017
By TERRY MARTIN
- Australian new-vehicle registrations have never plummeted more than 41,000 units from one month to the next like they did from June to July this year, but there are no concerns among the ranks of the motor industry as the sector prepares for another record annual result that should be well beyond one million sales.
- The frenzied activity at the end of the financial year always produces a surge in sales, followed by a significant fall in July as EOFY deals expire and the surrounding sales and marketing mayhem tapers off.
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3rd of August 2017
VFACTS: Japanese giants steer market to July recordToyota and Mazda pour on the power to drive July car sales to a record 92,754 units
5th of July 2017
VFACTS: Utes smash sales record out of the parkToyota HiLux, Ford Ranger drive Australian new-vehicle sales record in June
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