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

Australia’s new vehicle sales in April 2021 stood at 92,347 units, up by 137.2pc from 38,926 units sold in April 2020, according to the Federal Chamber of Automotive Industries (FCAI).

The association informed that customer demand for new vehicles is continuing to recover strongly with April auto sales result being the highest-selling April on record and the sixth consecutive month of growth.

Passenger vehicle sales in April stood at 18,964 units, up by 97.2pc from the same month in 2020, while sports utility vehicle (SUV) sales rose by 172.9pc to 49,176 units as compared to April 2020.

Light commercial vehicle and heavy commercial vehicle sales in April 2021 stood at 21,714 units and 3,393 units, up by 130.1pc, and 46.9pc, respectively, from the same month in the preceding year.

 

Top-selling brands in April

Toyota was the leading brand in April with sales of 20,208 units, followed by Mazda with 10,052 units, Mitsubishi with 7,513 units, Ford with 7,146 units, and Hyundai with 5,772 units.

Ford Ranger was the top-selling individual model with sales of 5,021 units, followed by the Toyota RAV4 with 4,506 units, Toyota Hi-Lux with 4,222 units, Toyota Landcruiser with 3,177 units, and Mitsubishi Triton with 2,458 units.

 

Cumulative sales for 2021

In the first four months of the year (Jan-April, 2021), the country’s auto sales grew by 30.7pc to 355,995 units from 272,287 units sold in the prior-year period, recording growth in all segments.

 

Outlook

New vehicle sales continued to show growth as the Australian economy gradually emerges from the economic impacts of COVID-19. 

FCAI said that supply chain constraints such as a shortage of semiconductors and shipping issues related to delays through the Suez Canal were impacting the delivery of new vehicles to Australian customers.

There may be pent-up market demand which may be reflected in sales figures in the second half of 2021 as solutions are found to these issues, it added. The association added that confidence in the new vehicle market is high and could be expected to continue to grow through the remainder of the year.

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