Sales of new motor vehicles in Australia fell in August, according to data released today by the Australian Bureau of Statistics (ABS), which confirms what the industry already knows from VFacts data.
The August 2014 trend estimate (92,681 vehicles) has decreased by 0.1% when compared with July 2014.
According to ABS figures, new car sales decreased a seasonally adjusted 1.8% to 91,391 in August. The figure compares to a downwardly revised 93,051 in July, seasonally adjusted. Total sales are now 3.5% lower than in the corresponding period last year.
When comparing national trend estimates for August 2014 with July 2014, sales of passenger and other vehicles decreased by 0.4% and 0.1% respectively. Over the same period, sports utility vehicles (SUV) increased by 0.3%.
However, when comparing seasonally adjusted estimates for August 2014 with July 2014, sales of passenger vehicles and SUV’s decreased by 1.8% and 3.7% respectively. Over the same period, sales of other vehicles increased by 1.4%.
In terms of sales by sate, four of the eight states and territories experienced a decrease in new motor vehicle sales when comparing August 2014 with July 2014. Tasmania recorded the largest percentage decrease (1.6%), followed by the Northern Territory (1.5%) and Western Australia (0.9%).
Over the same period, the Australian Capital Territory recorded the largest percentage increase in sales of 1%.
Seven of the eight states and territories experienced a decrease in new motor vehicle sales when comparing August 2014 with July 2014. Tasmania recorded the largest percentage decrease (5.9%) followed by the Northern Territory (5.6%) and Western Australia (4.6%). South Australia was the only jurisdiction to record an increase (0.8%).
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