THE decline in sales of new cars accelerated in June, Australia’s motor industry group says.
The number of vehicles sold across the country last month was down 9.6 per cent compared to June 2018, according to data issued by the Federal Chamber of Automotive Industries (FCAI) on Wednesday.
A total of 117,817 new cars were sold during June compared to 130,300 in the corresponding month of 2018 – a decrease of about 302 vehicle sales per day.
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The drop in June follows an 8.1 per cent slide in May, when the FCAI said it was hoping for better results once the federal election was out of the way.
The industry was still dealing with difficult conditions including “a tightening of financial lending (and) environmental factors such as drought and flood,” FCAI CEO Tony Weber said on Wednesday.
The statistics detailed that 554,466 new cars were sold in the first six months of 2019, down from a total of 605,522 in the first half of 2018.
Sales in June dropped by 31.4 per cent in the Northern Territory, 11.4 per cent in the ACT, 11.2 per cent in Queensland, 10.7 per cent in NSW, 9.3 per cent in South Australia, 7.6 per cent in Victoria and 6.5 per cent in WA when comparing the figures to June 2018.
Tasmania’s new car sales totalled 2,013 compared to 2,012 in June last year, with the same state also the only one having recorded an increase in purchases in May.
The VFACTS monthly retail sales figures listed the Toyota Hi-Lux as the best selling model in June 2019 followed by the Ford Ranger and the Hyundai i30, with the Kia Cerato the highest climber among the top 10.
Toyota was the most popular brand during the month, selling 18.0 per cent of all new cars in June, followed by Mazda with 9.2 per cent, Hyundai with 8.5 per cent and Mitsubishi with 7.5 per cent.
© AAP 2019