Motor Industry Cautiously Optimistic

Media Release

6 October 2009

Motor Industry Cautiously Optimistic

Motor Industry Association CEO Perry Kerr says that the September sales are certainly heartening but the vehicle market is still vulnerable to current economic conditions.

September sales figures for new passenger cars showed that 5593 were registered, the highest month recorded thus far in 2009. September’s passenger sales were up 21% on August, though down 16% on September last year. Although still down 21% from September 2008 commercial vehicle sales showed a sharp 25% increase on this August, up to 1453 registrations.

“It is encouraging to see that September was the highest month for passenger sales in eleven months,” says Kerr. “The pick-up in the economy is starting to flow through to vehicle sales however we remain cautious until we see more of a definitive and sustained increase in sales figures” he said.

Toyota, Ford and Holden were still the top three marques in the new passenger vehicle sector with Toyota, Ford and Mitsubishi the top three in commercial sales. Year to date, Toyota leads with overall total market share of 20.15% compared to Ford with 12.35% and Holden with 9.25%.

September saw the Toyota Corolla as the top selling passenger model, followed by the Ford Falcon and in third place the Holden Commodore. Year to date figures show the Toyota Corolla still continues as the country’s best-selling model with sales of 3034 units sold, ahead of the Holden Commodore with 2145 units and the Suzuki Swift with 1804 units.

ENDS.

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