Toyota RAV4

November sales reflect cost-of-living pressures for private buyers

The Federal Chamber of Automotive Industries (FCAI) says the softening demand for new vehicles in November 2024 reflects cost-of-living pressures for private buyers. However, the FCAI says the preference for hybrid and plug-in hybrid technology in new vehicles continues.

Hybrid sales surge in Q3

Hybrid vehicle sales grew very strongly in the September quarter, taking market share from both internal combustion engine (ICE) cars and battery electric vehicles (BEVs), according to the Australian Automobile Association (AAA).