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.”
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 |
Source: VFACTS
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% |