Adrian PatonMore than one-million new vehicles sold in 2008
January 6th 2009 21:00
Holden Commodore: Australia's most popular car for the 13th year in a row.
Despite the global financial crisis affecting the sales of new vehicles in Australia for the last few months of 2008, Australians still bought more than one-million new vehicles in a single calendar year for the second year in a row and only the second time ever.
According to Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI), a total of 1,012,164 passenger cars, SUVs and commercial vehicles were sold in 2008 - down 3.6% or 37,818 vehicles compared to 2007.
“This is a good result and shows that the car industry finished the year on a strong note,” FCAI Chief Executive Andrew McKellar said.
“The 2008 outcome is the second highest sales figure on record,”
“Sales in December held up well with buyers taking advantage of the many competitive opportunities available in the marketplace,” he added.
“The 2008 outcome is the second highest sales figure on record,”
“Sales in December held up well with buyers taking advantage of the many competitive opportunities available in the marketplace,” he added.
Toyota was Australia’s best-selling brand in 2008 with 238,983 vehicles (23.6 per cent market share) followed by Holden with 130,338 (12.9 per cent of the market) and Ford with 104,715 vehicle sales (10.3 per cent market share).
The Holden Commodore was the top-selling vehicle model in 2008 - the thirteenth year in a row that the model has held that position.
The FCAI forecasts a substantial slow-down in the sales of new vehicles in 2009 with the prediction that only 880,000 new vehicles will be sold in light of the global financial crisis.
“We must be realistic about the outlook for the year ahead and acknowledge the impact that the global financial crisis is having on the broader economy,” he said.
“Nonetheless there are positives that will underpin demand in 2009, including lower fuel prices, reduced interest rates and the impact of additional fiscal measures implemented by the Federal Government,” Mr McKellar said.
“Nonetheless there are positives that will underpin demand in 2009, including lower fuel prices, reduced interest rates and the impact of additional fiscal measures implemented by the Federal Government,” Mr McKellar said.
[Source: FCAI]
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