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ARTICLE · 10 DECEMBER 2014

October 2014 YTD Automative Sales Update

The new car sales industry in Australia experienced a 1.9% decline in vehicle sales for the October 2014 calendar YTD.

AustraliaCorporate/Commercial Law

The new car sales industry experienced a 1.9% decline in vehicle sales for the October 2014 calendar YTD (924,189 vehicles sold), compared to the October 2013 calendar YTD (942,547 vehicles sold). All states suffered a drop in sales with Western Australia and Tasmania experiencing the largest drop with a 7.7% decrease. Approximately 59% of the vehicle sales to October 2014 occurred in New South Wales and Victoria.

Market Share

Toyota continues to hold the largest market share at 18.2% followed by Holden and Mazda at 9.8% and 9.1% respectively.
The Toyota Corolla was the highest selling new car, overtaking the Mazda since the June 2014 quarter update with 36,925 units sold to 31 October 2014. The Mazda 3 continued to perform strongly, having sold 36,011 units. The Toyota Hilux rounds out the top 3 selling vehicles, with 31,876 units sold to 31 October 2014.

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