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2008 new car sales hit million

  • By Paul Gover
  • Herald Sun
image Despite a slide in vehicle sales, the final figure managed to hit a million in 2008

Sales of new cars in Australia have topped one million for the second straight year.

The official showroom total for 2008 is 1,012,164 vehicles, a result achieved despite a major slide during the final quarter thanks to the global economic meltdown.

Toyota continued its reign as Australia's favourite brand but the Holden Commodore survived the challenge from Brand T's compact Corolla and working-class HiLux ute for another year at the top of the tree.

The full-year results were confirmed this morning by VFacts, which also confirmed a December total of 76,510 vehicles, down by 11.3 per cent on the same month in 2007.

Despite the late slide, and gloomy predictions of a major fall to around 850,000 sales in the coming year, the Federal Chamber of Automotive Industries put a positive spin on the results.

"I think it's a good result, in fact an outstanding result," says the chief executive of the FCAI, Andrew McKellar.

Toyota, Mazda, Subaru and Volkswagen were the only top-10 brands to improve their full-year sales in 2008, as a number of high fliers including Nissan, Honda and Hyundai went backwards.

The full-year total was only 37,818 vehicles, or 3.6 per cent, behind the all-time record set in 2007, but the passenger car market fell by 6.3 per cent.

Once again it was large cars which suffered most, with the Commodore-Falcon class falling 14.4 per cent on the 2007 result.

TOP 10 BRANDS 2008

Official VFacts figures (Previous year in brackets)

1. Toyota, 238,983 (236,647) +.98%

2. Holden, 130,338 (146,680) -11.14%

3. Ford, 104,715 (108,071) -3.1%

4. Mazda, 79,826 (77,734) +2.69%

5. Mitsubishi, 60,692 (65,397) -7.19%

6. Nissan, 59,214 (60,015) -1.33%

7. Honda, 52,571 (60,529) -13.15%

8. Hyundai, 45,409 (50,007) -9.19%

9. Subaru, 38,492 (38,445) +0.12%

10. Volkswagen, 29,875 (27,400) +9.03%

By contrast, the United States market fared much worse in terms of percentages, with most of the major brands taking a significant sales hit, the main exception being BMW's Mini brand, which recorded a small rise.

Audi -9.3%
BMW  -40.2%
Chevrolet -25.8%
Chrysler -59.8%
Dodge  -51.9%
Ford  -33%
Honda   -34%
HUMMER -59.3%
Jeep  -48.5%
Kia  -39.2%
Lexus -32.4%
Mazda   -27.9%
Mercedes-Benz -32.1%
Mini +0.1%    
Mitsubishi -22.6%
Nissan -30%
Pontiac -45.5%
Porsche  -25.5%
Saab  -57%    
Saturn  -30.9%
Subaru -7.7%                                                   
Toyota  -37.5%
Volkswagen -14.4%
Volvo -47%

Comments on this story

Displaying 3 of 3 comments

  • Several years ago we were no where near the 1 million sales mark, but people were happy and making money. These days people are too busy flooding the market with cheapies and everyone is cutting their prices and hurting resale value. Where have we gone wrong? We dont need to sell 1 million cars a year. We need to have a profitable and viable Australian car industry.

    Dave Posted on 23 March 2009 12:07pm
  • This article does not make any sence, on one hand it is saying that "Despite a slide in vehicle sales, the final figure managed to hit a million in 2008" for the second straight year. Everyone else out there who is reporting on this is are saying that the new car sales are down between 18 and 22% so how can we have hit the one million mark the same as last year, when the sales figures are down by that much?

    Ray Watts Posted on 22 March 2009 10:13am
  • So they had the second best year ever, and they still need to be bailed out by the government. What creative accounting are they using, as I would like to use that system? Something does not add up, how can the industry sell a million cars and most makers say the are down from 3% to 13% the total drop from last years total is only 5%. Is the government going to help me with a handout, I can’t run a company either. When are we going to stop rewarding mediocrity, the execs of these companies should be accountable, sell them up and pay off their decisions. Why are there no consequences at the big end of town.

    Not Sure of Sydney Posted on 07 January 2009 7:42am

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