Stock Shortages Impact on May Registrations

Media Release

7 June 2011

Stock Shortages Impact on May Registrations

Member rankings and the overall total have been affected by shortages of new vehicle stock, said Mr Kerr, Chief Executive Officer Motor Industry Association, in commenting on May registration data.

“The new vehicle industry started the year strongly; however it is clear a number of members have experienced disruption with the supply of some vehicle models as a consequence of the March Japanese tsunami” he said. “Very recent reports indicate the Japanese industry is moving quicker than originally expected and we are hopeful supply will be back to normal by the fourth quarter of this year”.

Turning to the registration data new car sales of 4,535 units was down 1.7% on April 2010. Holden took out top spot with 560 units followed by Hyundai (454) with Suzuki in third place (433). Toyota came in at an unfamiliar sixth place with 331 registrations. Top selling passenger car model for the month was the Suzuki Swift (286) followed by the Holden Commodore (205) and Holden Captiva (181).

The commercial segment was particularly strong with total registrations of 2,028, 12.6% ahead of May 2010. Toyota led this segment with 632 registrations followed by Nissan 347 and Ford 270. Light commercial vehicles were in fact the top two selling models for the month – the Toyota Hilux 450 and the Nissan Navara 337. The third selling light commercial was the Ford Ranger 208. This trend is expected to continue through June with a strong sales push around Field Days.

ENDS.

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