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New Vehicle Sales by Quarter
by aaaa710
Despite ongoing new vehicle production and supply shortages, and significant backlogs on vehicles clearing quarantine, Australia recorded a strong sales result for the first quarter of 2023. Almost 270,000 vehicles were sold, putting it slightly above recent years (and well ahead of the COVID-impacted 2020 result).
Given there is a high level of unmet demand from both private and fleet buyers, this suggests we could be on track for a solid 2023 result. The main factor holding down sales volumes will be availability, with some manufacturers currently listing 12-18 month wait times.
269,002
2023 sales volume in Q1
