Australian new car sales inched higher in November, according to data released by the Australian Bureau of Statistics today.
In seasonally adjusted terms, 99,055 vehicles were sold last month, up 0.1% from the levels reported in October. That left total sales from the same period a year ago up 2.1%.
By type of vehicle, passenger vehicle sales fell by 1.6% to 36,565 in seasonally adjusted terms, offset by a 1.4% and 0.8% increase in sales of sports utility vehicles (SUVs) and “other” vehicles which rose to 39,106 and 23,384 respectively.
Over the year, a total of 1.1834 million new vehicle were sold, the highest number on record.
That largely reflects ongoing strength in sales of SUVs and other vehicles, offsetting continued weakness in passenger vehicle sales.
From November 2016, 458,834 new SUVs were sold, an increase of 4.4% from the levels seen a year earlier. In comparison, only 455,650 passenger vehicles were sold, a decrease of 6.9% on the levels reported in the year to November last year.
That’s the first time on record that SUV sales outpaced those for passenger vehicles over any 12 month period.
Sales of other vehicles stood at 268,951, an increase of 8.1% on 12 months earlier.
By state, there were negligible movements compared to the levels reported in October, lifting moderately in Queensland (+0.5%), Western Australia (+0.7%), Tasmania (+2.9%) and +2.3% in the ACT while sales fell in Victoria (-0.3%), South Australia (-0.8%) and the Northern Territory (-0.3%).
In New South Wales, the state where most new vehicles are sold, volumes were unchanged from a month earlier.
The ABS new motor vehicle sales report will cease production following the release of the December 2017 report in mid-January next year, replaced by data detailed by Australia’s Federal Chamber of Automotive Industries
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