Good news for new car buyers

AutoExec Summary

The Australian car market has seen a slight increase in sales after four months of decline, with 85,340 cars sold in February, a 1.6% rise from last year. While demand remains strong, supply issues persist, particularly for European brands. Toyota dominates the market with the HiLux and RAV4 leading sales. Hybrid vehicles are gaining popularity, and companies like Renault and MG are performing well. However, Volkswagen and Honda face significant challenges in securing sales and supply.

Brands mentioned: Toyota, Hyundai, Mitsubishi, Ford, MG, Renault, Volkswagen, Honda, Mercedes-Benz, Kia, Mazda, Subaru, Nissan, Isuzu