Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Australian auto sales increased by 0.4pc with 110,664 units sold in June compared to the prior year, according to data released by the Federal Chamber of Automotive Industries (FCAI). Sales increased by 430 units in June.

 

The shortage of semiconductors continues to be a challenge for the auto sector. Demand for all types of automotive continues to be strong, and will grow stronger in the second half of the year, stated FCAI.

 

From January, 567,468 units were sold in Australia, up 28.3pc from the same period a year ago.

 

June sales were along the expected lines with the usual buying patterns recorded at the end of the fiscal year. Some states went into lockdown towards the end of June, but demand across segments remained strong.

 

Toyota was the market leader in June, followed by Mazda and Ford. Toyota sold 21,076 units, while Mazda reported sales of 12,225 and Ford 8,456 vehicles. Kia and Hyundai were among the top five sellers, with Kia selling 7,890 units and Hyundai 7,357 units. 

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