Australians are on track to buy more new cars this year than any other to date.
Australians are on track to buy more new cars than ever before and these are the ones we love and ones we are falling out of love with.More than one million new cars found a new home through the first 10 months of this year despite increased cost of living pressures and a steep rise in the price of new cars during the past 18 months.
“After some challenging years through Covid, this milestone speaks to the range of vehicles available to consumers, affirming Australia’s position as one of the world’s most dynamic and competitive markets. It also reflects vastly improved supply chains,” says WeberToyota’s luxury offshoot Lexus is on a tear this year with sales up more than 109 per cent in October and its sales have more than doubled for the year to date compared to the same period in 2022.
Mazda’s total sales for the year are up more than 6 per cent, which is a strong result considering Toyota – Australia’s best selling car brand – has experienced a sales decline of more than 19,000 vehicles so far this year as supply constraints continue to bite.It’s not just Chinese owned brands that are benefiting from China’s growing car dominance.BYD is preparing to launch a range of new vehicles late this year, including the Seal.
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