Australia’s new vehicle market recorded its strongest July on record, with 108,577 vehicles sold in July, up 4.2 per cent compared with the same month last year. The result follows a record June and brings total new vehicle sales for the year to more than 740,000 units.
The market continued to see strong demand for electrified vehicles, with battery electric vehicles accounting for 21.7 per cent of total sales in July. Hybrid and plug-in hybrid sales also remained strong, meaning electrified vehicles collectively represented almost half of the market during the month.
Toyota remained Australia’s best-selling brand in July with 20,409 sales, while BYD recorded 7,857 sales to retain second position. Chinese brands continued to make gains, with Chery, MG, Geely, Omoda Jaecoo and Zeekr all recording significant year-on-year growth.
SUVs continued to dominate the market, accounting for 66.7 per cent of July sales. The Toyota RAV4 was the best-selling vehicle for the month with 5,564 sales, followed by the Toyota HiLux with 4,721 and Ford Ranger with 4,042. Medium SUVs were the strongest-growing major segment, with sales up 29.4 per cent year-on-year.
*The AADA has reviewed July VFACTS and EVC data, ranking vehicles by volume, and continues to analyse new vehicle sales by state, fuel type and market segments to monitor trends shaping the Australian market.