AUTOMOBILES – PURCHASING – AUSTRALIA

Half of all new cars on Australian roads to be Chinese by 2035 as cost outweighs climate

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Original article by Joseph Carbone
The Australian – Page: 15 : 29-Jul-26

The Centre for International Economics has forecast has that Chinese brands will account for 43 per cent of new car sales in Australia by 2035. The Australian Automotive Dealer Association has in turn forecast that Chinese brands’ share of the new car market will rise to about 58 per cent by 2035. The AADA’s CEO James Voortman notes that Chinese vehicles have gone from being a novelty to being mainstream in Australia over the last five years. However, he says there are issues such as whether buyers of Chinese vehicles will continue to receive support if these brands withdraw from the Australian market. Voortman adds that design standards should be reviewed to ensure that the software in Chinese vehicles are not a threat to national security.

CORPORATES
CENTRE FOR INTERNATIONAL ECONOMICS, AUSTRALIAN AUTOMOBILE DEALERS ASSOCIATION PTY LTD

Diesel ute sales fall off a cliff as fuel prices bite

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Original article by Ryan Cropp
The Australian Financial Review – Page: 8 : 6-May-26

Data from the Federal Chamber of Automotive Industries and the Electric Vehicle Council show that China’s BYD was the second-highest selling brand in Australia during April. The figures show that fully electric vehicles accounted for one in six new car sales for the month, with large diesel utes and four-wheel drives bearing the brunt of rising fuel prices. Sales of the Toyota HiLux fell by 31 per cent year-on-year, while Ford Everest sales were down more than 29 per cent. Sales of petrol cars overall fell by 30 per cent in April, while diesel vehicle sales were 21 per cent lower. In contrast, sales of BYD’s Sealion 7 electric car rose by more than 139 per cent year-on-year.

CORPORATES
FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, ELECTRIC VEHICLE COUNCIL, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED, BYD COMPANY LIMITED

Buyers steer clear of petrol as more electric vehicles hit the road

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Original article by Sam Irvine
The Australian Financial Review – Page: 3 : 8-Apr-26

Data from the Federal Chamber of Automotive Industries and the Electric Vehicle Council shows that a record 15,839 electric vehicles were sold nationwide during March. Electric vehicles comprised 14.6 per cent of new cars sold in March, with EV sakes rising to a record market share for a second successive month. FCAI CEO Tony Weber expects Australians to continue to embrace EVs until the Iran war ends, but he adds that it is too soon to know whether the trend will be sustained over the long-term. The figures also show that new car sales fell by 2.6 per cent overall in the year to March

CORPORATES
FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, ELECTRIC VEHICLE COUNCIL

Over 4.3 million Australians plan to buy a new vehicle in the next four years – with hybrid vehicles up significantly

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Original article by Roy Morgan
Market Research Update – Page: Online : 10-Apr-24

New data from Roy Morgan shows that 4.3 million Australians plan to buy a new vehicle in the next four years. Petrol vehicles are the most popular, with 1,689,000 Australians (39% of new car intenders) planning to purchase one, although this is down 81,000 from a year ago. However, the preference for purchasing a hybrid or fully electric vehicle (1,880,000, up 191,000) in the next four years has overtaken that of petrol cars for the first time. The biggest mover in the past year has been the rising intention to purchase a hybrid (petrol and electric) vehicle, up 154,000 to 1,273,000 (30% of new car intenders) and easily the second most popular type of vehicle on people’s purchasing radar. Meanwhile, some 607,000 Australians intend to purchase a fully electric vehicle in the next four years, up 37,000 from a year ago. In contrast, only 498,000 Australians intend to purchase a diesel vehicle in the next four years, down 130,000 in a year; now only 12% of ‘new car intenders’ plan to buy a diesel vehicle. These are the latest findings from the Roy Morgan Single Source survey, derived from in-depth interviews with over 1,000 Australians each week and well over 60,000 each year.

CORPORATES
ROY MORGAN LIMITED

Over half a million Australians plan to buy a new electric vehicle in the next four years

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Original article by Roy Morgan
Market Research Update – Page: Online : 21-Jun-23

New data from Roy Morgan shows that 548,000 Australians plan on buying an electric vehicle in the next four years. This is equal to 12.5% of all those intending to purchase a new vehicle in this period, and an increase of over 1,230% compared with four years ago. The latest figures show that 61% of those planning to buy an electric vehicle are men, while 39% are women; however, this is a vast change from 2020 when the split was 76% men cf. 24% women. Meanwhile, intention to buy an electric vehicle has more than doubled across all age groups, and more than tripled for all age groups aged 35+. Now 51% of intending electric vehicle buyers are aged 50+ (up 4% points since 2020). The fastest growth in intention to purchase has been for Australians aged 65+, increasing more than threefold (340%) in only two years.

CORPORATES
ROY MORGAN LIMITED

Premium consumers offer a glimmer of hope to struggling car industry – Porsche tops the list

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-20

The latest analysis of Roy Morgan’s automotive buying intentions data shows that Australia’s premium consumers are set to drive new vehicle sales in the next four years. According to Roy Morgan data a new economic order of premium consumers (NEOs) could breathe life into the nation’s struggling car industry. One-in-seven NEOs (14.9%) intended to buy a new vehicle in the next four years during the March 2020 quarter – 54% above the comparable figure for all Australians (9.6%). Notably, the top 50% of NEOs – known as Super NEOs – are almost 80% more likely than the average Australian to buy a new car in the next 4 years. Conversely, Australia’s 10 million traditional consumers are 30% less likely than the population to buy a new car in the next 4 years. Aspiring NEOs, with the NEO mindset but not the buying power, are more likely than Traditionals, but less likely than NEOs, to be planning to buy a car in the next four years.

CORPORATES
ROY MORGAN LIMITED

Australians’ desire for electric and hybrid vehicles continues to rise

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Feb-20

New automotive data from Roy Morgan shows that 59.1% of Australians aged 14+ who intend to purchase a new vehicle in the next four years say a petrol engine vehicle is the most likely type, down 6.3% points on a year ago. This is followed by diesel vehicles (23.5%), hybrid vehicles (12.7%) and electric vehicles (4.2%). The data also shows that of the Australians who intend to buy an electric vehicle in the next four years, 37.5% would consider purchasing a Tesla, followed by Hyundai (20.4%), Toyota (19.6%), Kia (12.5%) and BMW (12.3%). These findings are drawn from the Roy Morgan Single Source survey, compiled by in-depth face-to-face interviews with over 50,000 Australians each year in their homes.

CORPORATES
ROY MORGAN LIMITED

New car sales plummet as families curb spending

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Original article by Patrick Commins
The Australian – Page: 2 : 7-Jan-20

Data from the Federal Chamber of Automotive Industries shows that new car sales totalled 1,062,867 in 2019, which is 7.8 per cent lower than previously. Sales fell by 3.8 per cent year-on-year in December, to 84,239. FCAI CEO Tony Weber says the 2019 sales figures reflect a challenging year for the Australian economy, noting that the new car market was affected by factors such as falling house prices, low wages growth and a weaker Australian dollar. The Toyota HiLux was the top-selling vehicle for the year.

CORPORATES
FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, TOYOTA MOTOR CREDIT CORPORATION

SUVs are the most popular choice for those planning on buying a new car

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Original article by Roy Morgan
Market Research Update – Page: Online : 10-Dec-19

The latest Roy Morgan Automotive Leading Indicators Report shows that 39.9% (753,000) of Australians aged 14+ who intend to purchase a new car within the next four years plan on purchasing an SUV. Some 34.4% (649,000) are planning to buy a passenger vehicle and 8.5% (160,000) intend to buy a light commercial vehicle. The research also shows that of those who see themselves as car enthusiasts, 37.4% intend on buying an SUV, 37.1% a passenger vehicle, and 11.6% a light commercial vehicle. Meanwhile, among Australians who rate safety as their number one concern when purchasing a car, 39.5% are intending to buy an SUV, 39.3% a passenger vehicle, and 6.8% a light commercial vehicle. These findings are from the Roy Morgan Single Source survey, derived from in-depth face-to-face interviews with 50,000 Australians each year.

CORPORATES
ROY MORGAN LIMITED

Toyota the most popular brand among those with sights set on a new car

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Original article by Roy Morgan
Market Research Update – Page: Online : 11-Nov-19

New data from Roy Morgan’s Automotive Leading Indicators Report shows that as of September 2019, the percentage of Australian ‘new vehicle intenders’ who plan on purchasing a Toyota was 16.8% (322,000), followed by Mazda on 8.7% (168,000) and Hyundai on 7.6% (145,000). Looking at the types, rather than makes, of vehicles Australian intenders are set on buying, SUVs are the most popular, with 40% (768,000) of intenders planning on a Sports Utility Vehicle as their next purchase. This is followed by Passenger Vehicles on 35.1% (674,000) and Commercial Vehicles on 8.1% (155,000). These findings have been obtained from the Roy Morgan Single Source survey, derived from in-depth face-to-face interviews with 1,000 Australians each week and around 50,000 each year.

CORPORATES
ROY MORGAN LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, MAZDA AUSTRALIA PTY LTD, HYUNDAI MOTOR COMPANY AUSTRALIA PTY LTD