VFACTS: July sales set new record

AutoExec Summary
A strong start to the new financial year for Australia’s car market as July sales nearly reach 100,000 units, a 2.7% increase from the previous year. Toyota leads the market, with the RAV4 SUV as the top-selling model. SUVs continue to dominate sales, with Western Australia seeing the largest increase. Hybrid vehicle sales are up significantly, while electric vehicle sales slightly decrease. The industry remains cautious about future economic conditions and the implementation of the New Vehicle Efficiency Standard. Toyota, Mazda, Ford, Kia, Hyundai, Polestar, Tesla.