PASSENGER cars took the brunt of yet another drop in Australia’s new vehicle sales in May, almost 12 per cent down on May 2018.
It was the fifth consecutive month of declining sales, with a total of 92,561, reflecting a decrease of 8.1 per cent on the same month in 2018.
The Federated Chamber of Automotive Industries attributed the negative trend to the economic downturn, drought, political events, the tightening of finance and lack of confidence in the market.
But chief executive Tony Weber suggested better times were in sight.
“Now that the Federal election has been finalised, we are optimistic that the market will improve over the next few months,” he said.
The Top 10 individual models for May were:
SUVs fared best with just short of 41,000 sales, compared to 19,000 light commercials and 29,000 passenger cars.
Among the 20 contenders in the medium SUV arena, RAV4 came out well in front of CX-5, Hyundai Tucson and Nissan X-Trail, and the 24 in the Large class were led by Prado from Kluger, Subaru Outback, and just 7 sales behind was Isuzu MU-X.
CHECKOUT: Car sales continue their downhill run