SUV sales prop up October motor vehicle sales in Australia
Those SUVs keep on rolling out from car dealers' stations and helped Australian motor vehicle sales surging as of the month of October, according to the latest car sales figures furnished by the Federal Chamber of Automotive Industries (FCAI) on Thursday.
The FCAI data showed that car sales in October virtually went unchanged, with only 112 vehicles accounted as additions to Australian road when compared to the sales figures posted by the industry in the same month last year.
The October results indicated a crawl of 0.1 percent in motor vehicle sales to 80,925 SUVs, passenger cars and commercial vehicles, with four-wheel drive segment leading the pack by chalking up sales spikes of 22.9 percent in the month.
Despite the steady movement, FCAI chief executive Andrew McKellar hailed the October numbers as a solid result for the motor vehicle industry, citing that the sales exceeded the figures recorded last year even if only for more than a hundred units.
Mr McKellar noted that the October sales figures was compiled against the tax break that was in effect last year and with the industry sustaining the same amount of performance in the absence of the stimulus at this time, he stressed that the numbers were nothing short of encouraging.
He added that the industry is well on its way to achieve its earlier projections of racking up one million vehicles sales by the end of 2010 as he stressed that "the market is on track for an impressive yearly total and this confirms the industry can achieve our projection."
The FCAI figures run in parallel to the October motor vehicle sales data by the Australian Bureau of Statistics (ABS), which also showed that commercial vehicles sales slipped by 13.3 percent while passenger car sales dipped by 2.7 percent.
Effectively, the SUV segment carried the cudgels for the overall motor vehicle sales in the month by registering the only sales gain seen in the industry, cementing its growing reputation as the most popular vehicle type in Australia with its more than 20 percent sales improvement.
The ABS data also revealed that as of the end of October, motor vehicle sales in the year has so far chalked up a total of 861,645 for an increase of 13 percent when compared to the numbers posted in the same period last year.
Again, perennial car industry leader Toyota topped the sales performance with its 16,329 units sold in October, way ahead of closest competitor Holden with its 9,956 units sold while Ford came in third for selling a total of 7,150 units in the month.