Car sales have been down all year and while July looked a little better than previous months August has come with a thump. David Brown reports how the decline is hitting hard.
New car sales recorded another slump in August, sidelining hopes that the previous month’s more moderate dip signalled a turning point.
Total sales for August came in at 85,600 units, which is a drop of 10.1 percent compared to August 2018.
Based on an estimate of new car cost this represents a reduction of over $3.5 billion in turnover just for one month.
In percentage terms there was a better performance for the manufacturers placed 21st to 30th in sales which have on average decline of 1.2% because of significant increases in players that are back on the market: MG, RAM, Haval and Great Wall.
David’s boyhood passion for motor cars did not immediately lead to a professional role in the motor industry. A qualified Civil Engineer he specialised in traffic engineering and transport planning.
What followed were various positions including being seconded to a government think-tank for the planning of transport firstly in Sydney and then for the whole of NSW. After working with the NRMA and as a consultant he moved to being an independent writer and commentator on the broader areas of transport and the more specific areas of the cars we drive.
His half hour motoring program “Overdrive” has been described as an “informed, humorous and irreverent look at motoring and transport from Australia and overseas”. It is heard on 22 stations across Australia. He does weekly interviews with several ABC radio stations and is also heard on commercial radio in Sydney.
David has written for metropolitan and regional newspapers and has presented regular segments on metropolitan and regional television stations. David is also a contributor for AnyAuto
Motoring Minute weekly news for Saturday 5 February 2022 bringing you the latest that is new or interesting in the Australian Automotive landscape. [Read More]
