New Vehicle Sales by Quarter

Q4 sales were strong despite ongoing vehicle supply shortages, with more than 270,000 vehicles sold. This is up 16% from Q4 in 2021, and just 1,778 less than Q4 2020.

Overall, consistently solid results through 2022 led to a 3% YoY growth in total vehicles sold, with the new vehicle market reaching 1,081,429 units. This outperformed our midyear forecast of 1.05m vehicles, emphasising the level of demand we’re currently seeing in the marketplace. All eyes will be on the Q1 2023 results, as dealerships hope they can continue this trend.

270,299 2022 sales volume in Q4