Car sales in April 2020 fell off a cliff, as lockdowns and job losses took their hold on the Australian economy. THE LATEST Vfacts results clearly demonstrate that Australia is enduring one of the hardest economic moments of its history, with car sales for April 2020 the lowest ever recorded
March was not a good month for car sales in Australia, though a few car makers bucked the negative trend. THE AUSTRALIAN car market has posted its 24th month of slowing sales, as March 2020 recorded a horror show for most brands, the industry as a whole moving 81,690 units
The FCAI has released its Vfacts report for February and none of it’s good news unless you were one of the brands which bucked the downward sales trend. There were close to 300 fewer cars sold every day last month compared to February 2019, making February 2020 the 23rd month
August returned another poor month of sales for the Australian automotive sector.
The Federal Chamber of Automotive Industries has released new car sales for April showing an 8.9% drop compared to April 2018 sales.
The new car market might have softened in October but sales of SUVs has continued to strengthen at the expense of passenger car sales, according to figures from VFACTS.
Australian new car sales are continuing apace and, in May, sales of SUVs overtook passenger car sales…