Car market continues its slump

AutoExec Summary
In March, utes dominated Australian car sales, with the Toyota HiLux leading, followed by Ford Ranger and Mitsubishi Triton. Despite an overall market decline of 8%, Mitsubishi’s sales surged nearly 20%. The Toyota LandCruiser and Prado remain popular, while traditional family cars like the Corolla, Golf, and Civic struggle. Holden’s sales have plummeted, with the Colorado ute as its only standout. Luxury brands like Audi and Mercedes-Benz face challenges, while BMW benefits from specific contracts.

Brands mentioned: Toyota, Ford, Mitsubishi, Volkswagen, Honda, Subaru, Holden, Audi, Mercedes-Benz, BMW, Kia