New car sales continue to grow but supply issues still hinder industry

New car orders continue to be healthy despite many supply issues for many manufacturers. Sales reflect supply issues in many cases. Some manufacturers are having difficulties getting cars into Australia

March sales YTD

Some takeaway thoughts from the March sales results.

  • Tesla and Polestar have joined the party this month, with YTD figures bundled into March. That skews some figures.
  • In some segments there are absolute dominant cars, such as the Toyota Camry, Kia Carnival, Kia Picanto and MG MG3
  • MG continues its meteoric rise
  • Ford has 85% of sales from Ranger and Everest.
  • Toyota continues to sell almost twice as many cars as number two Mazda
  • Utes continue their popularity with 4 out of the top 10 vehicles sold being a Ute.
  • SUVs account for about 50% of sales YTD

Model types sales

A total of 101,233 vehicles were sold in March bringing the year-to-date total to 262,436. This year‑to-date result represents a slight decrease of 0.5 per cent on the comparative 2021 period to March 2021.

FCAI Chief Executive Tony Weber said the relatively stable result reflected the challenges facing the global automotive industry.

“This is historically a unique time in which supply rather than demand is determining the size of the market. This is due to manufacturers recovering from the pandemic-related shutdowns and the ongoing global shortage of micro processing units.

“Consumer inquiries and demand for new cars remains strong. Manufacturers are working hard to match this demand with supply,” Mr Weber added.

Australians are purchasing zero and low local emission vehicles in greater numbers, with the FCAI pleased to report on two members’ sales for the first time, Tesla and Polestar.

“The addition of Polestar and Tesla further cements VFacts as the premier source of new motor vehicle sales data in Australia. Mr Weber also noted that in interpreting the data for March 2022, care should be taken as the Tesla data represents the company sales for the first three months of 2022.

Top Ten March

Tasmanian sales increased by 8.2 per cent with 1,768 vehicles sold. Victorian sales increased by 5.3 per cent with 27,155 vehicles sold. Sales in Western Australia were up 5.3 per cent with 10,016 vehicles sold. Sales in the Australian Capital Territory were down 6.2 per cent compared with the same month in 2021, with 1,560 vehicles sold. New South Wales sales was down 0.8 per cent with 32,224 sold. Northern Territory sales decreased by 0.2 per cent with 916 vehicles sold. Queensland sales were down 1.7 per cent with 21,214 vehicles sold and South Australian sales decreased by 0.1 per cent with 6,380 vehicles sold.

Top Ten car brands YTD

Toyota was the market leader in March 2022 with 21,828 vehicles sold. Toyota was followed by Mazda with 11,248, Mitsubishi with 9,007, Hyundai with 6,516 and Kia came in fifth place with 6,051.

Toyota’s Hilux was the highest selling model with 6,324 sold. The Toyota RAV4 came in second place with 4,610 sold. The Mitsubishi Triton took out third place with 3,808 vehicles sold. Mazda’s CX-5 was fourth with sales of 3,772 and Tesla Model 3 was fifth with sales of 3,097 (March only – this number excludes earlier Tesla sales from January and February 2022 that have not been previously reported in VFacts).

About Rob Fraser 1994 Articles
Rob Fraser – General dogsbody & Director Rob is the founder of the business. He constantly mutters something about way too many red wines one evening being to blame. Often known for taking the 4WD in the driveway over the sports car, he has travelled pretty much everywhere in Australia and when he is bored goes for a drive. He first learned to drive on the farm in a left hand drive WW11 Jeep when he was 11, and was hooked on 4WDriving way back then. In addition to 4WD he is an avid motoring enthusiast and has maintained a strong interest in the industry ever since his teens. He has owned way too many cars in his time as well. Having previously lived at the top of corporate life he retired in 2000 and hasn’t put a suit and tie on since. Cars are his passion so why not have a business doing what you love he figures. He has towed either a caravan or camper trailer to most parts of Australia, has run guided tours for camper trailers’ and instructed drivers in off road towing.