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Has the car sales rush come to a halt January 2025

Car Sales – New vehicle sales for the first month of 2025 of 86,804 were down 3.3 per cent on the result for the same period last year. Demonstrating that the market remains flat following a weak second half of 2024.

FCAI Chief Executive Tony Weber said weakness in the market in 2024 has continued through to the January result. And that current economic conditions remained a major consideration for consumers in all market segments,” Mr Weber said.

“Sales of hybrids and plug-in hybrid vehicles continued to grow. They now make up nearly one in five of new sales representing 17.1 per cent and 2.2 per cent of sales respectively.

“However, sales of battery electric vehicles were remarkably low and based on data from all sources. EVs accounted for just 4.4 per cent of sales, the lowest since October 2022.  This is a major concern because consumers are turning away from EVs. Right at the time the Commonwealth Government has introduced the New Vehicle Efficiency Standard (NVES).

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“The industry continues to increase the range of zero and low-emission vehicles. Providing consumers with an increased choice of models and varying price points.  However, the Government needs to reconsider the steps it can take to build consumer confidence in EVs. Otherwise their ambitious NVES targets will not be met,” Mr Weber said.

SUV sales continue to dominate with 60% of YTD sales. This is followed by LCV’s with 21.2%. This is down a bit on last year with sales of Dual Cab Utes dropping for a few brands. Passenger cars accounted for 14.7% and Trucks the rest

Toyota was the market leader with sales of 18,424 during January, followed by Mazda (8,322), Ford (6,830), Kia (5,720) and Mitsubishi (5,681).

The Toyota RAV4 was Australia’s top selling vehicle with sales of 5,076 followed by the Ford Ranger (4,254), Toyota HiLux (3,302), Toyota Prado (2,847) and the Mitsubishi Outlander (2,090).

For January 2025, sales in the:

  • Australian Capital Territory were down 11.9 per cent on January 2024 to 1,137;
  • New South Wales was down 4.0 per cent to 25,717;
  • Northern Territory increased by 3.4 per cent to 767;
  • Queensland decreased 4.4 per cent to 18,913;
  • South Australia also decreased by 3.5 per cent to 5,791;
  • Tasmania had a decrease of 3.9 per cent to 1,435;
  • Victoria decreased 4.1 per cent to 22,786 and
  • Western Australia increased 3.5 per cent to 10,258.

Car Sales Summary by Class:

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