New car sale figures released by the Federal Chamber of Automotive Industries show a drop in sales by 12.4% to 97,020 in September compared to the same month last year. Year to date, sales are up by 3.1% on the same period in 2023.
Automotive trends, including a rise in hybrids and falling EV demand continue, with hybrids recording an 87% growth rate over 2023. On the contrary, EV sales decreased to 3,561 from 8,821 in September 2023, nearly halving despite the increasing supply of Chinese EVs and subsequent price discounts.
The AADA has assessed VFACTs Top 10 Makes & Models YTD, ranking them by volume. The AADA has also analysed new car sales figures by state for both the month of September and YTD, as well as fuel types and market segments.