Car Sales Results YTD 2023

Car Sales figures May 2023 – Car sales figures for the month of May have been released.

Car Sales 2023 May YTD

Highlights include a 12% increase on the same month last year and some 105,894 new vehicle deliveries.

Growth was spread across all the segments.

The year-to-date sales of 456,833 is 4.3 per cent higher than the same period last year.

Three of the top ten vehicles sold were Utes, with HiLux regaining its first-place position followed by Ranger. Four more were 4WDs or SUVs, two were Electric cars and one passenger car.

The top ten manufacturers were Toyota, again with a slightly reduced gap to Mazda. Kia, Ford and Hyundai make up the top five.

Followed by Mitsubishi, MG, Tesla, Subaru and Isuzu Ute.

SUVs continue to dominate with a little over 55% of sales, Light Commercial Vehicles near 22%, Passenger cars 18% and trucks some 4.4%

Petrol is still the most popular fuel source by a huge margin. Diesel is next.

Sales of Electric cars are slowly increasing, mostly a product of filling back orders and supply deliveries. Hybrid sales remain strong.

This is a Motoring Minute

Im Rob Fraser

TO LISTEN TO THE CAR SALES YTD RADIO REVIEW CLICK BELOW

Car Sales 2023 May YTD

More car sales YTD May 2023 details

Australia’s automotive industry has achieved its best-ever May sales result with 105,694 new vehicle deliveries.

This result is a 12.0 per cent increase on the same month last year and represents a 2.7 per cent increase on May 2017 which was the previous best May result. The year-to-date sales of 456,833 is 4.3 per cent higher than the same period last year.

Every State and Territory saw an increase with significant growth in Western Australia of 25.1 per cent and Queensland 17.4 per cent compared with May 2022. Growth was recorded in all buyer type market segments – Private, Business, Government and Rental – compared with May 2022.

FCAI Chief Executive Tony Weber said the result was encouraging following many months where deliveries were hampered by shipping and logistics issues.

“This result is a signal that we are starting to see some improvement in supply,” Mr Weber said. “However, not all issues are resolved, and our members continue to work with their customers to improve vehicle delivery times.”

Mr Weber added that while vehicle supply issues might be beginning to ease, the industry remained cautious around broader economic conditions and their potential impact on demand.

“A large proportion of vehicles delivered this month would have been ordered during 2022,” he said. “Since then, we have seen a shift in economic conditions with a focus on rising cost pressures for households and businesses. Nevertheless, reports from our members indicate that demand remains firm.”

Breakdown

Sales of Battery Electric Vehicles were 7.7 per cent of the market in May and are running at 7.0 per cent year to date. Sales for electrified vehicles (Battery Electric Vehicle, Plug-In Hybrid and Hybrid) made up 15.6 per cent of the market in May.

Toyota (18,340) was the market leader in May followed by Mazda (8,475), Hyundai (7,078), Kia (7,000) and Ford (6,251).

The Toyota Hi-Lux (5,772) was the largest-selling model followed by Ford Ranger (4,110), Tesla Model Y (3,178), Toyota RAV4 (2,616) and MG ZS (2,502).

VFACTS MAY 2023

Summary by Class:

Class Jan-23 Feb-23 Mar-23 Apr-23 May-23 TOTAL
Passenger 16,602 16,435 17,182 15,191 18,120 83,530
SUV 46,698 47,888 53,526 46,031 59,011 253,154
Light Commercial 18,546 18,750 22,012 17,060 23,824 100,192
Heavy Commercial 3,027 3,805 4,531 3,855 4,739 19,957
TOTAL 84,873 86,878 97,251 82,137 105,694 456,833

Key Points:

  • The May 2023 market of 105,694 new vehicle sales is an increase of 11,311 vehicle sales or 12.0% against May 2022 (94,383). There were 26.8 selling days in May 2023 compared to 25.8 in May 2022 and this resulted in an increase of 285.6 vehicle sales per day.
  • The Passenger Vehicle Market is up by 868 vehicle sales (5.0%) over the same month last year; the Sports Utility Market is up by 7,552 vehicle sales (14.7%); the Light Commercial Market is up by 2,296 vehicle sales (10.7%) and the Heavy Commercial Vehicle Market is up by 595 vehicle sales (14.4%) versus May 2022.
  • Toyota was market leader in May, followed by Mazda and Hyundai. Toyota led Mazda with a margin of 9,865 vehicle sales and 9.4 market share points.

Car Sales Results YTD May 2023

Report for the Month of Year to Date Year to Date Month
May 2023 YTD May-23 May-22 May-23
Standings Marque Volume Share Volume Share Volume Share
1 Toyota 71,287 15.6% 98,816 22.6% 18,340 17.4%
2 Mazda 40,718 8.9% 43,687 10.0% 8,475 8.0%
3 Kia 31,609 6.9% 30,939 7.1% 7,000 6.6%
4 Ford 30,429 6.7% 23,590 5.4% 6,251 5.9%
5 Hyundai 29,492 6.5% 29,908 6.8% 7,078 6.7%
6 Mitsubishi 25,662 5.6% 35,902 8.2% 4,583 4.3%
7 MG 20,676 4.5% 20,104 4.6% 4,828 4.6%
8 Tesla 18,559 4.1% 4,481 1.0% 4,476 4.2%
9 Subaru 17,582 3.8% 13,422 3.1% 3,564 3.4%
10 Isuzu Ute 16,746 3.7% 15,332 3.5% 3,481 3.3%

Source: VFACTS

Motoring Minute is heard around Australia every day on over 50 radio channels through the Torque Radio network

Motoring Minute has an average daily audience of over 550,000 listeners. They are also syndicated through various news sites around Australia.

Additionally Motoring Minute is also broadcast as part of Overdrive Radio Program. Overdrive is broadcast on the Community Radio Network across Australia.

Car Finance
About Rob Fraser 2510 Articles
Rob Fraser – General dogsbody & Director Rob is the founder of the business. He constantly mutters something about way too many red wines one evening being to blame. Often known for taking the 4WD in the driveway over the sports car, he has travelled pretty much everywhere in Australia and when he is bored goes for a drive. He first learned to drive on the farm in a left hand drive WW11 Jeep when he was 11, and was hooked on 4WDriving way back then. In addition to 4WD he is an avid motoring enthusiast and has maintained a strong interest in the industry ever since his teens. He has owned way too many cars in his time as well. Having previously lived at the top of corporate life he retired in 2000 and hasn’t put a suit and tie on since. Cars are his passion so why not have a business doing what you love he figures. He has towed either a caravan or camper trailer to most parts of Australia, has run guided tours for camper trailers’ and instructed drivers in off road towing.