Category: Sales

CAR AFFORDABILITY BEST SINCE THE 1970’S

Dealers have reason to rejoice, knowing car affordability is running at the best levels on record. Latest VFACTS figures indicate the market – buoyed by low interest rates, a strong share market, rising employment and high personal wealth levels –…

LEXUS DRIVERS MOST SATISFIED: POLL

More Australian Lexus drivers are satisfied with their vehicle than owners of any other make, according to a Roy Morgan Research poll. The poll found that 96 per cent of Australian Lexus owners were satisfied with their cars, compared to…

‘VENDING MACHINE’ CAR RETAILER TO GO PUBLIC

A US used car retailer that allows customers to buy cars online and pick them up from towers resembling giant vending machines has, according to reports, approached investment banks for an initial public offering. The company, Carvana, has supposedly hired…

TESLA TO TARGET UTE MARKET

Tesla founder Elon Musk’s plan to diversify his electric vehicle stable beyond luxury vehicles to utes is gathering interest among Australian tradespeople. The Toyota Hilux was Australia’s biggest-selling car in 2016 while, in the US, Ford’s F-150 ‘pickup truck’ is…

VOLKSWAGEN DEFIES SCANDAL TO BECOME WORLD NO.1

Volkswagen has defied its emissions testing scandal to become the world’s largest automotive manufacturer for the first time in history, surpassing Toyota. VW Group built 10.31 million vehicles in 2016, overtaking Toyota’s 10.18 million. The VW figure includes brands it…

SOLID JANUARY START FOLLOWS INDUSTRY’S RECORD YEAR

Motor vehicle sales across Australia got off to a solid start in January, with the month’s sales nudging ahead of the same period last year and a rise in activity among private purchasers. Total sales for January, including passenger cars,…

SALES OF GERMAN CARS OVERTAKE AUSTRALIAN-MADE

Last year, for the first time ever, Australians bought more German cars than they did locally-produced models. Figures supplied by the Federal Chamber of Automotive Industries (FCAI) show that of the 1,178,333 new vehicles sold in Australia in 2016, 87,392…

MAZDA RECOGNISES OUTSTANDING DEALERS

Mazda Australia has recognised 15 Mazda Dealers for delivering exceptional customer service and customer satisfaction. The Mazda Master Dealer Awards 2016 rewarded dealerships in the areas of business processes, people development, sales results, financial management and customer satisfaction. New South…

Global record for sales in 2016

2016 was another record year for global car sales, with growth of 4.8 per cent from 2015 results. Consumers worldwide bought 88.1 million passenger cars and light commercials in 2016. It was the fastest rate of growth since 2013, but…