The Toyota HiLux and Ford Ranger have cemented themselves as Australia’s favourite cars for the fourth year in a row as they’ve topped the list for new car sales for the 2019 calendar year.
According to the new car sales results for 2019 released by the Federal Chamber of Automotive Industries (FCAI), Toyota topped the car sales list in 2019 with 47,649 units of the HiLux sold, while Ford sold 40,960 units of their Ranger.
While these utes can boast topping new car sales again for 2019, these figures are lower compared to the previous year.
The HiLux sold 51,705 units in 2018 while the Ranger sold 42,144 in 2018, a decline of 7.8% and 2.8% respectively.
There has been a trend of declining car sales since 2018, with new car sales decreasing by 3% respectively during that year.
This trend has no doubt continued in 2019 with a total of 1,062,867 news cars sold.
This is down 7.8% compared to 2018, which saw 1,153,111 new cars sold.
The 2019 new car sales figure was the lowest annual sales result reported in VFACTS since 2011.
The Chief Executive of the FCAI, Tony Weber, has stated that, “Regarding the actual new vehicle sales results: 2019 reflects a tough year for the Australian economy, with challenges including tightening of lending, movements in exchange rates, slow wages growth and, of course, the extreme environmental factors our country is experiencing”.
Mr Weber observed that consumers were shifting towards SUVs. In 2019 SUVs accounted for 45.5% of the total market share, a 2.5% increase compared to 2018, however SUV sales declined by 2.4% in 2019 compared to the previous year.
Sales of passenger vehicles declined by 16.5% and sales of light commercial vehicles declined by 5.2%.
Brand-wise Toyota had the highest market share in 2019 with 19.4%, Mazda coming in second with 9.2% of the market share, Hyundai with 8.1%, Mitsubishi with 7.8% and Ford with 6%.
New car sales in 2020 is predicted to be similar to that of 2019.
Read the media release here: https://bit.ly/2N0LDuI