Biggest month of the year sees few surprises, but more than 600,000 new vehicles sold over the first half puts market on record pace.
Australia’s new vehicle sales in June this year couldn’t quite match the record tally over the same month in 2017, but 130,300 units over 26 selling days is nothing to sneeze at.
The June haul takes annual sales at the half-year mark of 2018 to 605,522 units, up 1 per cent on last year’s high-water mark. Low interest rates, LCV tax breaks and hyper-charged competition driving down prices will do that…
SUV sales rose 9.3 per cent, offsetting a double-digit decline (17.9 per cent) in passenger vehicles, while light commercial vehicles (steady) managed a higher-than-usual 22 per cent market share thanks to the usual end of financial year (EOFY) incentives.