May 2020 car sales in Australia down 35%

[Syndrome]

An improvement but still terrible numbers

https://www.caradvice.com.au/854891/...s-of-recovery/

[Wretched]

Almost all categories had a double digit decline.

Not expected to pick up this year as the economic outlook is unknown.

[kypez]

I'd say it would've been worse without the $150k small business write off...

[b0son]

scrapping the LCT is long overdue. if they want to stimulate sales, it would go a long way.

[kypez]

Originally Posted by b0son

scrapping the LCT is long overdue. if they want to stimulate sales, it would go a long way.

Agreed though with the deficits, I can't imagine any Tax being withdrawn now

[jpd80]

Originally Posted by Syndrome

An improvement but still terrible numbers

https://www.caradvice.com.au/854891/...s-of-recovery/

While those numbers still look bad, the 4x4s saw a welcome increase, Hilux 2800 and Ranger 2499
are still underwhelming but show a nice rebound is happening and Toyota with over 14,400 sales have
already put the worst behind them. All the other brands saw increases but still feeling the hurt until
retail sales recover, that's tied to job security and everyone getting back to work - fingers crossed.

[Bossxr8]

Originally Posted by jpd80

While those numbers still look bad, the 4x4s saw a welcome increase, Hilux 2800 and Ranger 2499
are still underwhelming but show a nice rebound is happening and Toyota with over 14,400 sales have
already put the worst behind them. All the other brands saw increases but still feeling the hurt until
retail sales recover, that's tied to job security and everyone getting back to work - fingers crossed.

Ford Australia asked Thailand to work weekend overtime to get more Rangers here due to higher than expected demand. So things are picking up.

[Eurotrash]

I wonder now that Australia is officially in a recession, if this will keep the brakes on new vehicle sales? Even though it's very uncertain times, will Australian's continue to spend like they're not really heading into an economic downturn?

[jpd80]

Originally Posted by Bossxr8

Ford Australia asked Thailand to work weekend overtime to get more Rangers here due to higher than expected demand. So things are picking up.

If dealers can get plenty of 4x4 XLTs and Wildtraks then those sales will do OK for EOFY,
but I don't like their chances of getting all of them made and shipped to Aus dealers in time

[EDManual]

I really dont care about new car sales, all the profit goes straight overseas. Why do we want the govt to help cars sell? makes not one bit of sense.

[Trendseeker]

Originally Posted by Bossxr8

Ford Australia asked Thailand to work weekend overtime to get more Rangers here due to higher than expected demand. So things are picking up.

They’re trying to get an extra 1,000 in June according to this story.

https://www.caradvice.com.au/854124/...o-sales-surge/

[GCRXR6]

Originally Posted by EDManual

I really dont care about new car sales, all the profit goes straight overseas. Why do we want the govt to help cars sell? makes not one bit of sense.

There is still a good number of Australian jobs associated with the new car market. From he docks, to the detailers, sales people, office staff, service staff. Yeah, the new car market has no effect on our economy alright.

[Bossxr8]

Originally Posted by GCRXR6

There is still a good number of Australian jobs associated with the new car market. From he docks, to the detailers, sales people, office staff, service staff. Yeah, the new car market has no effect on our economy alright.

Not to mention all the taxes and fees the government collects on new car sales.

[Dr Smith]

Originally Posted by EDManual

I really dont care about new car sales, all the profit goes straight overseas. Why do we want the govt to help cars sell? makes not one bit of sense.

Just as GCRXR6 and Bossxr8 stated...
Why do you assume the sale of a new car results in "all the profit" going overseas. Apart from the sale between the local importer and the overseas manufacturer evey other step in the sale, service and repair of vehicles sold here results in the majority of that money plus all the taxes incurred from GST, Luxury tax, company tax and employee wages kept here.

[DFB FGXR6]

Ford numbers -

Ford EcoSport – 4
Ford Endura – 77
Ford Escape – 91
Ford Everest – 271
Ford Fiesta – 28
Ford Focus – 167
Ford Mondeo – 9
Ford Mustang – 257
Ford Ranger 4X2 – 164
Ford Ranger 4X4 – 2,499
Ford Transit Custom – 219
Ford Transit Heavy – 108
Ford Total – 3894

[russellw]

The graphical stats for May are now uploaded in the Tech Portal.

[naddis01]

Anyone have Holden's numbers? I wonder how their runout sale is going? I notice our local dealer still has quite few new Holdens on the lot. It doesn't look like they have sold many since the announcement.

[Sprint XR8]

Holden Acadia – 82
Holden Astra – 140
Holden Barina – 0
Holden Captiva – 0
Holden Colorado 4X2 – 126
Holden Colorado 4X4 – 729
Holden Commodore – 40
Holden Equinox – 222
Holden Spark – 0
Holden Trailblazer – 125
Holden Trax – 225
Holden Utility 4X2 – 0
Holden Total – 1689

[4stanger]

Originally Posted by Eurotrash

I wonder now that Australia is officially in a recession, if this will keep the brakes on new vehicle sales? Even though it's very uncertain times, will Australian's continue to spend like they're not really heading into an economic downturn?

A mate I know really really well , works at the local toyota dealer, he reckons they are on target this month to beat there previous monthly sales record, set back in 2008 where coal boom helped set their sales record, something to do with government tax rebates for fleet and business owners, That is just one dealer though, not that it is anything to go by for the rest of the country and dealers.

[Yellow_Festiva]

Boost in 4x4 sales is probably people realising their next holiday will be within Australia and needing to buy the right vehicle for the job.

In the Covid 19 thread I made the following observations:

(I made the comment that a few months prior to 15/4/20 there were only around 200,000 listings.)

15/3/20 - 200,000 cars listed.

15/4/20 - 230,000 cars listed on Carsales.

15/6/20 - Carsales down to 171,000 listings.

24/6/20 - Carsales down to 162,000 listings.

[Polyal]

Originally Posted by Yellow_Festiva

Boost in 4x4 sales is probably people realising their next holiday will be within Australia and needing to buy the right vehicle for the job.

In the Covid 19 thread I made the following observations:

(I made the comment that a few months prior to 15/4/20 there were only around 200,000 listings.)

15/3/20 - 200,000 cars listed.

15/4/20 - 230,000 cars listed on Carsales.

15/6/20 - Carsales down to 171,000 listings.

24/6/20 - Carsales down to 162,000 listings.

In uncertain times you hold your cards and wait to see how it plays out.

Anyone buying a used car in the next couple of months is mad, there should be blood in the market place soon and people will be forced to reduce prices.

[Bossxr8]

Originally Posted by 4stanger

A mate I know really really well , works at the local toyota dealer, he reckons they are on target this month to beat there previous monthly sales record, set back in 2008 where coal boom helped set their sales record, something to do with government tax rebates for fleet and business owners, That is just one dealer though, not that it is anything to go by for the rest of the country and dealers.

Commercial vehicles will move. Ford struggling to get enough Rangers to fill the demand. Transit rising too.

[FTE217]

Originally Posted by Yellow_Festiva

Boost in 4x4 sales is probably people realising their next holiday will be within Australia and needing to buy the right vehicle for the job.

In the Covid 19 thread I made the following observations:

(I made the comment that a few months prior to 15/4/20 there were only around 200,000 listings.)

15/3/20 - 200,000 cars listed.

15/4/20 - 230,000 cars listed on Carsales.

15/6/20 - Carsales down to 171,000 listings.

24/6/20 - Carsales down to 162,000 listings.

Hum more so its EOFY.....and the Govco immediate tax benefit is a winner.
Sure some retail would be incl but look at Hilux/Ranger - good numbers under the circumstance but its more so Fleet/ABN holders I'd expect.

[FTE217]

Originally Posted by Polyal

In uncertain times you hold your cards and wait to see how it plays out.

Anyone buying a used car in the next couple of months is mad, there should be blood in the market place soon and people will be forced to reduce prices.

Really, it just wouldn't matter if you had to buy now you do - especially through May/June as mentioned above due to EOFY and tax rebates.

As you know I bought a low k euro last weekend, great covid deal and EOY, your not mad to wait, waiting at times you miss out or it may not even pan out as you quote.
You just do it when you can.
Tell you another thing due to covid, as we've seen Banks are making it much harder to borrow/loans etcetc, I'm re financing one of our buildings and the amount of paperwork required is like double, and luckily we have been a good payer and profitable business for years so our record is top and its still a bigger PIA.
Good luck to those not with good records wishing to lease a new bargain car in the future.

[Polyal]

Sorry FTE217, my comment was based on used cars (I was unclear), granted if you have to buy them go for it but if you can hold off I would.

[FTE217]

Sydneys house prices are meant to come down as well, still waiting.
Maybe after Sept when the welfare supprt gets pulled new cars and house's will fall ?
We shall see.

[Polyal]

Originally Posted by FTE217

Sydneys house prices are meant to come down as well, still waiting.
Maybe after Sept when the welfare supprt gets pulled new cars and house's will fall ?
We shall see.

Agreed, if this doesnt do it then I dont know what will, then ill cop the "safe as houses" comments.

I have noticed a lot more toys come up for sale of late.

[danzvtil]

Originally Posted by FTE217

Sydneys house prices are meant to come down as well, still waiting.
Maybe after Sept when the welfare supprt gets pulled new cars and house's will fall ?
We shall see.

But I don’t think new cars and houses are being bought by people on Centrelink. Secondhand cars definitely, but there are bucketloads of people out there who have the cash, or have worked nonstop though covid without a break. I think general retail will suffer in sept, as that’s where the Centrelink money is going.

[buggerlugs]

We just bought a new Ranger XLT but had a hard time finding one. Same as the Hilux SR5. Everyone, including us taking advantage of the Tax write off from the gub mint...

[Yellow_Festiva]

Originally Posted by Yellow_Festiva

Boost in 4x4 sales is probably people realising their next holiday will be within Australia and needing to buy the right vehicle for the job.

In the Covid 19 thread I made the following observations:

(I made the comment that a few months prior to 15/4/20 there were only around 200,000 listings.)

15/3/20 - 200,000 cars listed.

15/4/20 - 230,000 cars listed on Carsales.

15/6/20 - Carsales down to 171,000 listings.

24/6/20 - Carsales down to 162,000 listings.

30/6/20 - Carsales down to 156,750 listings,

Then this:

Car industry reports a surprising boom in June
New car stock running low after sales boom 29 JUN 2020

Car dealers are running low on new vehicles to sell after being caught short due to an unexpected increase in demand in June, compounded by factory shutdowns during the coronavirus crisis.
However, industry insiders say the market is still a long way from a full recovery.

Preliminary figures for new-car sales in June have industry insiders predicting it will be the second month in a row of growth after the market posted a 30-year low in April and a 23-year low in May.

The early data – based on confidential information shared among the Top 10 car brands a week out from the end of the month – estimates between 85,000 and 95,000 new vehicles will be sold in June, compared to 38,926 deliveries in April and 59,894 in May.

If the estimate proves to be accurate, it could be the strongest new-car sales result in the past 11 months – and either the weakest June since 2011 when 96,000 cars were reported as sold, or the weakest June since 2002 when 78,000 cars were reported as sold.

Official data compiled by the Federal Chamber of Automotive Industries is not due to be released until the third business day of the following month, which is this coming Friday.

Numerous multi-franchise dealers contacted by CarAdvice have expressed concerns they are about to run out of popular models because demand was stronger than expected, and they either weren’t able to order cars due to factory shutdowns, or they didn’t place orders amid uncertainty over how long the coronavirus crisis would continue.

June is historically the biggest month of the year for new-car sales due to end-of-financial-year deals, and businesses reducing their taxable income by purchasing work-related vehicles.

etc etc etc...

https://www.drive.com.au/news/car-in...nk=homeVideos2