VFACTS March 2026: Market down but EV sales jump, Kia and BYD enter top three

Summary: Australia’s new-car market declined 2.6 per cent in March 2026 to 108,703 vehicles, despite EV sales surging 88.9 per cent to a record 14.6 per cent market share. Kia and BYD entered the top three for the first time, whilst Toyota remained leader despite significant sales drops across key models.

Brands mentioned: Toyota, Kia, BYD, Mazda, Ford, Hyundai, GWM, Mitsubishi, MG, Chery, Nissan, Tesla, Polestar, Isuzu