In a positive move for Australian car sales, motorists bought more cars and trucks in October than for the same month last year – the first time in 16 months the industry has seen a year-on-year increase in monthly sales.
Toyota Australia senior executive director sales and marketing, Mr David Buttner, welcomed the October-on-October increase for the industry, saying it pointed to a strong end-of-year selling season.
In October, the industry sold 80,813 new motor vehicles – an increase of 2.2 per cent over the same month last year.
Not since June 2008 have a month’s sales been higher than for the corresponding month of the previous year.
“Over the past six months, confidence has grown among fleet and private customers, enabling them to return to the market,” Mr Buttner said.
“This has been supported by the Federal Government’s stimulus package, including specific support for business owners requiring vehicles.
“The general uplift in consumer sentiment plus the investment allowance that takes us through to December 31 should result in a strong end to 2009.
“The full-year result of around 920,000 sales will be appreciably stronger than most observers were predicting just a few months’ ago.”
In October, Toyota’s Corolla was again the country’s most popular vehicle with 3,724 sales, narrowly beating HiLux into second with 3,707 sales.
Corolla has topped the sales charts for three of the past four months and is Australia’s best-selling vehicle in the financial year.
Other segment leaders for Toyota were Camry, LandCruiser 200 Series, HiAce van, HiAce bus and Tarago.
Toyota remained market leader with sales of almost 17,900 vehicles in October – more than 7,000 ahead of its nearest rival.
After 10 months’ sales this year, Toyota dealers have sold more than 160,000 vehicles; no other company has reached 100,000.