australian auto market outlook 2012-2013

australian auto market outlook 2012-2013, car market in australia, : In March sales rose 4% to 89,694 units, he highest since May 2010, compared to an upwardly revised 86,203 units in February. Most part of the increase was due to the special utility vehicles (+7.5% MoM; +18.4% YoY), followed by passenger motor vehicles (+3.3% MoM; +1.6% YoY). The sales of other vehicles saw a slightly drop (+1.4% MoM; -6.5% YoY).

The Australian government said that sales of sports utility vehicles rose 7.5% in the month from a month earlier, to leave them 18.4% t higher for the year and that sales of passenger vehicles were up 3.3%, whereas sales of other vehicles grew by 1.4%.

Australian auto-parts industry suffers new blow
Victorian auto-parts supplier APV Automotive Components has gone into receivership, standing down 126 workers without pay in another black day for the local car industry. The Coburg-based APV (Australian Performance Vehicles) who make OEM (original equipment manufacturer) components for Holden, Toyota and Ford, including fuel fillers, rear suspension struts, and steel and fabricated components, announced it was unable to pay its workers as a result of a significant decrease in orders. Read More..

Top Australian auto marques revealed
Toyota, Mazda and Honda are the auto brands enjoying the highest levels of consideration in Australia, where their fledgling Chinese rivals are struggling to gain traction. Based on data from over 10,000 shoppers gathered since 2006, Roy Morgan Research, the insights provider, estimated 2.2m people would be in the market for a new car in the coming four years. Read More..

Australian car market will crash 2012
The Australian car market will crash through the one-million sales mark again this year, top-selling company Toyota says. Toyota was the top selling company with 181,624 vehicles, well ahead of Holden on 126,095. The company says the new model offers improvements in power and fuel economy, has increased safety features and lower emissions. Toyota expects to sell more than the rate of 600 to 700 per month for the first-generation car. Read More..

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