The Australian car industry now expects to sell more than one million vehicles across the year after increased private demand pushed sales figures to a record in September.
Figures from the Federal Chamber of Automotive Industries (FCAI) show reveal increased by almost 8.9% (6,923 units) in September, when compared to 2009.
“This is a great result and posts a new monthly high for September” FCAI chief executive Andrew McKellar said after 85,054 passenger cars, four-wheel drives and commercial vehicles were sold. The result eclipses the previous September monthly record set in 2005 by 584 units.
“It is encouraging to see that sales to private buyers recorded the largest increase this month (up 14.2 per cent) which is further evidence of renewed confidence in the marketplace,” Mr McKellar said.
“Given the continued strength of the market in recent months, the industry has revised its annual sales forecast to more than one million sales – up from the previous projection of more than 980,000.”
“The Australian market has only twice recorded a market with more than one million sales so this will be quite an achievement,” he said.
The SUV segment was the strongest performer during September, recording an increase of 36.3 per cent; followed by passenger cars (up 3.1 per cent) and then light commercials (up 1.7 per cent).
Toyota was the top selling manufacturer in September with 16,185 sales; followed by Holden with 10,718 then, Mazda with 8,850 units.
Year-to-date, 780,720 vehicles have been sold, an increase of 14.5% compared to the same period in 2009.