Image: CarSales
Image: CarSales
AutoExec Summary
In July 2024, VFACTS figures showed a record-breaking month for vehicle sales in Australia, with 99,486 vehicles registered. Toyota dominated the market with the RAV4 as the top-selling vehicle, and hybrids, especially those with a Toyota badge, saw a significant increase in sales. EV sales were down 40% for the month, excluding Tesla figures, which were no longer officially included. Diesel vehicle sales rose slightly, while petrol vehicle sales dropped. Plug-in hybrid vehicles, like the Mitsubishi Outlander PHEV, saw a significant increase in sales. The industry remains cautious about future sales pending the implementation of the New Vehicle Efficiency Standard.
Brands mentioned: Ford, Toyota, Mazda, Hyundai, Isuzu, Mitsubishi, BYD
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