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Toyota Australia posts $137 million profit

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Toyota Australia posts $137 million profit

Toyota Australia posted a $137 million after-tax profit for the 2017-18 Japanese financial year, ending March 31, despite wearing $147m in “restructuring costs” from the closure of its Altona factory last October...

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Australia "continues to fall behind" on EVs, PHEVs - study
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Australia "continues to fall behind" on EVs, PHEVs - study

Australian adoption of electric vehicles is on the rise, but we still lag behind much of the developed world when it comes to electric (EV) and plug-in hybrid vehicle (PHEV) sales and support. UPDATE, 6:16pm: The story has been updated with direct quotes from Behyad Jafari, CEO of the EV Council...


Skoda sales up 13 per cent in 2018
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Skoda sales up 13 per cent in 2018

Skoda Australia is seeing some decent growth so far this year, with sales increasing by 13.1 per cent year-to-date (YTD) as of May 30. May's VFACTs figures also revealed that the Czech brand was up 34.1 per cent on May 2017, helped by double-digit growth across its Octavia and Superb model lines...


VFACTS: May 2018 new vehicle sales
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VFACTS: May 2018 new vehicle sales

New-vehicle sales fell 2.1 per cent in May over the same month in 2017, to 100,754 units. However, the market remains on track to eclipse last year’s all-time annual record, with 475,222 sales counted over the first five months. SUV sales grew by 8.4 per cent in May, yielding 42,973 buyers or 42.7 per cent market share...


Toyota 86: Charting its sales from 0-20,000
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Toyota 86: Charting its sales from 0-20,000

Toyota Australia has officially sold 20,000 examples of the 86 since its launch in 2012, making it the first Toyota sports car to top 20,000 sales since the Celica in 1975. That's right, believe it or not it's been more than four decades since an exciting Toyota sold in such significant numbers...


Suzuki Swift: Global sales hit six million
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Suzuki Swift: Global sales hit six million

The Suzuki Swift has reached a sales milestone this week, with the little hatchback reaching six million units globally since its launch over a decade ago. Now in its fourth generation, the Swift is sold in 158 nations and regions including Japan, Europe, India and Australia...


Lexus breaks sales record in Australia
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Lexus breaks sales record in Australia

Lexus has posted its most successful first four months ever in Australia, registering 3026 vehicles in the January-April period. It's the first time the Japanese luxury brand has broken 3000 registrations during the first third of the year, representing a 2.8 per cent gain over the same period last year. Additionally, the company's monthly figure of 830 vehicles is 20...


Tesla expands on first quarter results
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Tesla expands on first quarter results

Elon Musk and Deepak Ahuja, CEO and CFO at Tesla respectively, have told investors the company will be turning a profit during the second half of 2018. In the quarterly letter and call to investors, the two Tesla high-ups reinforced their belief the company won't need additional external funding this year, thanks in part to a comprehensive restructure of contractors...


VFACTS: April 2018 new vehicle sales
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VFACTS: April 2018 new vehicle sales

Australia’s new vehicle market cooled off in April after a record first-quarter to the calendar year, with the industry’s VFACTS figures reporting 82,930 cars and trucks sold, down 0.2 per cent over the same month last year. One-third of the way into the sales year, the market tally sits at 374,468 units, up 3.3 per cent over 2017’s all-time record figure...


SUVs top buyer preferences: survey
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SUVs top buyer preferences: survey

Data from research body, Roy Morgan, has confirmed what VFACTS data is already telling us: Australian new car buyers prefer high-riding crossovers to passenger cars. According to the latest release from Roy Morgan, which covers the three months ending February 2018, a total of 2.23 million Australians are planning to buy a car in the next four years – down on 2...


VFACTS: Medium SUVs poised to overtake small cars
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VFACTS: Medium SUVs poised to overtake small cars

Mid-sized SUVs like the Mazda CX-5 and Nissan X-Trail are poised to replace small cars as the nation’s most popular type new vehicles. VFACTS data compiled by industry peak body, the FCAI, shows car companies sold 52,886 vehicles classified as Medium SUVs over the first quarter (Q1) of 2018, up 15 per cent over the same period last year...


Nissan Leaf: Global sales on the rise
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Nissan Leaf: Global sales on the rise

Sales of the Nissan Leaf have jumped by 15 per cent over the past 12 months, thanks to strong demand across the USA, Japan and Europe. Nissan shifted more than 50,000 units worldwide – 54,541 to be precise – in the Japanese FY2017, eclipsing the 42,473 sold in the same period (April 1 - March 31, Japanese financial year) across 2016 and 2017...


Isuzu Ute Australia's sales success tracked
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Isuzu Ute Australia's sales success tracked

Isuzu’s non-truck products have been on sale for decades in Australia, once wearing Holden badges. Remember the Jackaroo SUV and Rodeo ute, precursor to today’s Colorado? But the brand has only eponymously sold its wares here as Isuzu Ute for about a decade, over which time it has become a genuinely mainstream, successful player in a hyper-competitive market, appealing to those after hardcore machines capable of copping a beating...


2018 Q1 car sales: Winners and losers
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2018 Q1 car sales: Winners and losers

With industry sales results for the first quarter (Q1) of 2018 available, now is a good time to look at the five car brands showing the highest numerical growth Down Under, and the five that have gone hardest in the other direction. One bad or good month may be a flash in the pan, but a full quarter of any calendar year is long enough to start picking trends...


Mitsubishi's sales success in Australia analysed
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Mitsubishi's sales success in Australia analysed

Mitsubishi Motors Australia (MMAL) often gets criticised for its model range – no real passenger car presence, and a few SUV staples getting long in the tooth despite regular upgrades. However, the value-driven company might be quietly laughing to itself right now, after posting 21,215 sales over the first quarter (Q1) of 2018, up 15 per cent over its record 2017 result...


Holden sales nosedive, down 23 per cent in Q1
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Holden sales nosedive, down 23 per cent in Q1

Holden sales fell by a drastic 29 per cent in March compared to the same month last year, rounding out an extremely disappointing quarter-one (Q1) in 2018. GM’s local subsidiary, now in its first calendar year as a full-range importer rather than local manufacturer, has seen sales tumble 23 per cent over the Q1 period...


China's LDV and MG making inroads
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China's LDV and MG making inroads

Sales of China-made new vehicles in Australia have risen 64 per cent to 1727 units over the first quarter of 2018. For context, Q1 sales of Italian-built vehicles were 1032, while 940 Swedish-built cars found a home. The figure for China-made cars almost topped the number sourced from France (1782). The biggest sources of imports were Japan (89,614), Thailand (77,746) and Korea (42,934)...


VFACTS: March 2018 new vehicle sales
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VFACTS: March 2018 new vehicle sales

Australia’s new vehicle sales in March hit a record high of 106,988 units, according to company-provided figures collated by industry peak body, the Federal Chamber of Automotive Industries (FCAI). This increase of 4.4 per cent over March 2017 took quarter-one sales to 291,538, up 1.5 per cent over last year’s record...


Aston Martin seeing "extraordinary swing" toward female buyers
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Aston Martin seeing "extraordinary swing" toward female buyers

Aston Martin is seeing a strong sales push among female buyers, particularly when it comes to the Chinese market. "What we can say with fact, is we are now seeing more women as the outright owners and main drivers of the car," Simon Sproule, Aston Martin vice president, told media at the DB11 Volante and Vantage launch in Melbourne yesterday...


VFACTS: February 2018 new vehicle sales
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VFACTS: February 2018 new vehicle sales

The Federal Chamber of Automotive Industries (FCAI) is reporting a 7.8 per cent year-on-year increase in sales and registrations for February. VFACTS data released today reveals 95,999 cars were sold in the shortest month of the year, compared to 89,025 for the same period last year. Sales for 2018 are sitting on 184,550 – up 10,615 sales or 6...