Car Sales
VFACTS February: Chinese brands triumph
Executive Summary
Summary: Japan is set to reclaim its position as Australia’s top car supplier with the arrival of the new-generation Toyota RAV4, expected to sell as well as or better than its predecessor. Despite price increases, the model is projected to boost monthly sales by nearly 4,000, reaffirming Toyota’s dominance in a competitive market. However, as Chinese brands grow in popularity, the landscape may soon shift.
Brands mentioned: Toyota, Ford, Mazda, Kia, Hyundai, BYD, Mitsubishi, GWM, Chery, Isuzu Ute, Tesla
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VFACTS February: Chinese brands triumph