VFACTS on target for 1.2m
Australian new vehicle registrations continue at record levelsThe Australian new car market streaked to a new half-year record in June.
According to the Federal Chamber of Automotive Industries' VFACTs tally, a total of 128,569 new vehicles were registered in the month, taking the first half calendar year total to just shy of 600,000 – 598,140 to be exact.
Given the level of high-profile new model activity in the second half of 2016, the strong first half has set up the Australian market to top 1.2m for the first time ever.
The best-selling vehicle for the first six months of 2016 is the Hyundai i30 with 22,857 registrations.
In June, the i30 accounted for 6432 units — 16% higher than the same month in 2015 and almost 2000 units more than the next best model from any brand. This is a massive margin in a single month.
Toyota's Hi-Lux (21,171) sits second YTD and is the top selling commercial vehicle. With 20,544 units, the Toyota Corolla is in position three as 20,088 puts the Mazda3 in fourth spot.
Toyota (22,083/102,344 units) led the market for June and the first half with Mazda (12,455/60,973) number two and Hyundai (12,300/54,350) third, both in monthly and first half stats.
Holden was fourth in June with 11,376 units, followed by Mitsubishi (8726) and Ford (8316).
Mercedes-Benz leads the prestige marketplace with 3942 units for the month. Year to date, the three-pointed star (20,681) is substantially ahead of BMW (15,754) and Audi (12,159). No other prestige brand has registered more than 7500 units YTD.
Overall, the Australian marketplace is up 3.4% year to date. Only Tasmania and Western Australia have logged fewer registrations in the first half of 2016 compared to last year.
In terms of buyer types, however, the story of 2016 is an exit from the market of private buyers – or at least purchasers categorised as private.
Year to date, 14,066 fewer private vehicles have been registered with the passenger car and light commercial vehicle sectors the hardest hit in terms of this buyer type.
Business regos are up 31,938 units YTD with rentals up 1546 units. Government regos are effectively flat – down just 150 units.
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