New vehicle registrations steady

David Crawford, Chief Executive Officer of the Motor Industry Association says “April new vehicle registrations of 10,423 vehicles were down 2 per cent (212 units) in April 2017 reflecting a stable market. Year to date the market is marginally up by 1.4 per cent (704 units) compared to the first four months of 2017.”

David Crawford, chief executive officer of the MIA

Registrations of 6,848 passenger and SUV vehicles for the month of April were down 2.1 per cent (148 units) on April 2017 and registrations of 3,575 commercial vehicles was marginally down by 1.8 per cent (64 units) on April 2017.”

Toyota remains the overall market leader with 13 percent market share (1,310 units), followed by Ford with 11 per cent (1,115 units) and Mazda with 9 per cent market share (893 units).

Mazda was the market leader for passenger and SUV registrations with 11 per cent market share (760 units) followed by Toyota with 10 per cent (712 units) and Holden with 8 per cent market share (540 units).

In the commercial sector, Ford regained the market lead with 22 per cent market share (803 units) followed by Toyota with 17 per cent (598 units) and Holden with 9 per cent market share (312 units).

Four of the top five selling models for the month of April were light commercial vehicles with the Mazda CX-5 (SUV) splitting the list in the third spot. The Ford Ranger was back at the top of the bestselling vehicle model table with 745 units. This was followed by the Toyota Hilux with 457 units and the Mazda CX-5 with 317 units.

The Pick Up/Chassis Cab 4×4 segment came in as the top segment for the month of April with 15 per cent market share. This was closely followed by the SUV Medium segment also with 15 per cent of the market, and the SUV compact with 14 per cent market share. The top five segments were all light commercial vehicles and SUV’s, reflecting the ongoing popularity of these vehicles.

“The market for new vehicles remains at historically high levels with registrations underpinned by a range of economic factors. Net immigration, while reducing is still elevated based on long-term trends, new vehicle prices remain competitive and the economy is stable” said Mr Crawford.

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