Image: Drive
Image: Drive
AutoExec Summary
A long-forecast slowdown in new motor vehicle sales in Australia appears to have finally arrived, after deliveries declined for the first time in June 2024 following 14 months of consecutive growth, the longest streak in 20 years. June has historically been the biggest month of the year for new-car sales, recording 119,659 deliveries. Sales were down 4.2 per cent on the same month last year, with the Ford Ranger remaining the top-selling new vehicle. Since the start of this year, 632,412 new vehicles have been reported as sold, with Toyota remaining the most popular new-vehicle brand last month.
Brands mentioned: Toyota, Ford, Mazda, Kia, Mitsubishi, Hyundai, Tesla, Subaru, Isuzu Ute, Nissan.