VFACTS INDUSTRY SUMMARY - DECEMBER 2007
The Federal Chamber of Automotive Industries issues the following summary for the retail sales performance of the automotive industry for December 2007.
Key Points:
- The new vehicle market volume for full year 2007 reached 1,049,982 vehicle sales, an increase of 87,316 or 9.1% on 2006. This established a new record mark for the Australian automotive market and is the first time that a million sales have been exceeded in a calendar year. The previous record of 988,269 was set in 2005.
- The December 2007 industry volume of 86,250 is also a record and is up 9,187 or 11.9% on December 2006 (77,063 vehicles). December 2007 (24 days) had the same number of selling days as December 2006, resulting in an increase of 382.8 vehicles per day.
- The December 2007 industry volume is down 5,831 or 6.3% on November 2007 (92,081 vehicles). However in seasonally adjusted terms the December monthly volume equates to a 1.4% increase versus November.
- The Passenger Vehicle Market increased by 3,374 vehicle sales (7.0%) over the same month last year; the Sports Utility Vehicle Market, increased by 2,856 vehicle sales (20.0%); the Light Truck Market, increased by 2,344 vehicle sales (20.2%) and the Heavy Commercial Vehicle Market increased by 613 vehicle sales (21.4%) over December 2006.
- Toyota was market leader in December, followed by Holden and Ford. Market leadership for full year 2007 went to Toyota with a volume of 236,647 vehicle sales and a market share of 22.5.
Volkswagen's sales for 2007 were 27,400 -- up 5,829 from 2006 sales.
I'm too lazy to post the model breakdowns right now, but if Ben doesn't get to it later today I'll see what I can do.
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