VFACTS: January off to a steady start

Summary: January new vehicle sales in Australia showed a modest increase of 0.1 per cent year-on-year, with 87,753 units sold. Chinese-made vehicles surged by 68.6 per cent, now ranking second behind Japan in sales. Toyota retained its top position despite a 22.3 per cent decline, while the Ford Ranger led sales charts for a third month running. The market continues to shift towards electrified vehicles as demand for petrol models declines.

Brands mentioned: Toyota, Mazda, Kia, Ford, Hyundai, BYD, GWM, Mitsubishi, Chery, MG, Tesla, Zeekr, Geely