The March 2025 edition of the Automotive Insights Report (AIR), powered by data from AutoGrab, reveals a 14.8% increase in used car sales, with 200,566 vehicles changing hands nationally. This comes even as total active listings declined by 4.7%, reflecting tightening supply across most states, according to the Australian Automotive Dealers Association (AADA).
Average used car selling prices in Australian dealers continued their long-term decline during the third quarter of 2024, with the Cox Automotive Australia (CAA) Dealer Delisted Price Index back to January 2021 levels.
Australia’s automotive industry continues its streak of record-breaking new vehicle sales, setting yet another new record tally for May. A total of 111,099 vehicles were sold in May 2024, surpassing last year's figure of 105,694, the previous best May result on record.
The Federal Chamber of Automotive Industries (FCAI) says 105,023 new vehicles were delivered by dealers during February 2024, representing a 20.9% increase from the previous period in 2023. FCAI chief executive Tony Weber says Australia’s demand for new vehicles has continued into 2024 with yet another record-breaking sales month.
The strong performance of the Australian new car market has continued into 2024 with record January sales of 89,782 new vehicles, 5.8% more than January 2023 and breaking the previous January record of 88,551 set in 2018. Toyota was the market leader with recorded sales of 17,903, followed by Mazda (8165), Ford (6624), Hyundai (6162) and Mitsubishi (5911). The Ford Ranger was Australia’s top-selling vehicle with sales of 4747 units, followed by the Toyota Hilux (4092), Toyota Landcruiser (2541), Isuzu Ute D-Max (2541) and Toyota RAV4 (2211). Federal Chamber of Automotive Industries (FCAI) chief executive Tony Weber, said 2023’s demand for new vehicles has continued into 2024 with many businesses and families taking ownership of a new vehicle in January, but there were concerns for the outlook of 2024 given the current economic conditions. The record January result was underpinned by continued customer preference for SUVs and Light Commercial vehicles.
The first edition of the Automotive Insights Report (AIR) was released to the market on December 13. The report is a joint initiative from the Australian Automotive Dealer Association (AADA) and AutoGrab which will provide data on Australia’s used car market every month.
New vehicle sales achieved the highest July result on record as Australian customers took delivery of 96,859 new vehicles. It’s a 14.7% increase on the same month in 2022 and breaks the previous July record of 92,754 in 2017.
A looming increase to the Clean Car fee on July 1 has driven an increase in registrations of light commercial vehicles in New Zealand for the month of May 2023.