Market Insight: Medium van sales rising

12 August 2024, 5:15 pm

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Market Insight: Medium van sales rising
Image: GoAuto
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Market Insight: Medium van sales rising
Image: GoAuto

AutoExec Summary
The mid-size van market in Australia has seen a significant increase in sales, with a 35.7% rise since 2019. This surge is attributed to the rise in online shopping, leading to an increased demand for delivery services. The Toyota HiAce leads the market with 6800 sales, followed by the Hyundai Staria Load and the Ford Transit Custom. Other models such as the LDV G10 and Peugeot Expert have also experienced growth. However, Stellantis brands have faced challenges, with sales appearing to have stagnated. In contrast, medium SUV sales have soared, with the RAV4 leading the segment. Overall, the Australian automotive market is experiencing various trends and shifts in consumer behaviour.

Brands mentioned: Toyota, Hyundai, Ford, LDV, Mercedes-Benz, Peugeot, Renault, Volkswagen

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