Car Sale Trends 2023
Do you need a new car, but are unsure on what to get? We’ve got some information that might help you decide.
Nationally new motor vehicle sales continue to grow despite a quarantine crisis in Australia’s ports and longer wait times on some popular models.
Average wait times are slowly declining; sitting at an average 4 months from purchase-to-delivery, with Toyota experiencing the longest delays (up to 7-month wait times).
Even though sale results are up, most vehicles are likely to have been ordered last year and some the year before, due to wait times.
SUVs claimed further market share from passenger vehicles, accounting for 55% of sales; SUVs and utes contributed heavily to the Top 10 vehicle sales. Passenger vehicles declined, highlighting the consumer shift away from small-sized passenger vehicles.
Sales of Battery Electric Vehicles were 7.7% of the market in May and are running at 7% year to date. Sales for electrified vehicles (Battery Electric Vehicle, Plug-In Hybrid and Hybrid) made up 15.6% of the market in May.
Tesla continues to dominate EV sales, followed by BYD as per EV Index. 6.7% of light vehicles sold in Tasmania in the past quarter were EVs, the fourth highest penetration in the country (behind ACT, NSW and Queensland respectively).
Here are Australia's top selling car brands and models.
Top 10 selling car brands YTD
Toyota
Mazda
Kia
Ford
Hyundai
Mitsubishi
MG
Tesla
Subaru
Isuzu Ute
Top 10 models for May 2023
Toyota HiLux
Ford Ranger
Tesla Model Y
Toyota RAV4
MG ZS
Isuzu Ute D-Max
Toyota Landcruiser
Hyundai i30
Hyundai Tucson
Mitsubishi Outlander