Flood cars help drive sales

Car News
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While most of the flood-damaged vehicles had been written off some owners may have cleaned them up and put them on the market.
Mark Hinchliffe
Contributing Journalist
7 Jan 2012
2 min read

... leading to a surge of new vehicle sales last year. 

While annual new car sales reached the one million mark for the fourth time in Australia, sales were down 2.6 per cent nationally or 27,137 on the previous year. However, Queensland bucked the trend to be the only state to record an increase in sales, up 2980 or 1.4 per cent. 

Official VFacts industry figures released yesterday by the Federal Chamber of Automotive Industries show New South Wales was down 1894 or 0.6 per cent, Victoria down 13,217 (-4.7 per cent), South Australia - 3684 (-5.5 per cent), Western Australia -7961 (-6.8 per cent) and Tasmania -2601 (-13.4 per cent). 

RACQ spokesman Michael Roth said not all of the estimated 3000 flood-damaged vehicles were replaced by new cars. "But it would have helped lift Queensland sales," he said. Roth warned that while most of the flood-damaged vehicles had been written off, he warned that some owners may have cleaned them up and put them on the market. 

RACQ researcher Russell Manning said buyers should check all vehicles closely, including starting the engine, running their hand under the dashboard to feel for mud and checking for signs of water entry into the engine and driveline. "But even then you don't know how badly it has been flooded and how long it was under water," he said. "I'd get an expert to look at the car." 

FCAI chief executive Ian Chalmers said the national new vehicle sales results were "exceptional" given the effects of floods in Queensland and Victoria, the north Queensland cyclone, bushfires in Western Australia, the tsunami in Japan and floods in Thailand from where we get 18 per cent of our imported vehicles. 

"The resilience of the Australian marketplace, combined with strong industry resolve, saw sales recover strongly in the fourth quarter, with total sales finishing just 3.9 per cent behind the FCAI's forecast of 1,050,000 for the year," he said. 

The FCAI is predicting another million-plus sales this year given the resurgence of the retail sector and strong consumer demand for new models.

TOP 10 BRANDS 2011 2010
Toyota 181,624 214,718
GM Holden 126,095 132,923
Ford 91,243 95,284
Mazda 88,333 84,777
Hyundai  87,008 80,038
Nissan  67,926  62,676
Mitsubishi, 61,108  62,496
Volkswagen 44,740 38,016
Subaru 34,011 40,025
Honda 30,107 40,375
     
TOP 10 MODELS 2011 2010
Mazda3 41,429 29,003
Holden Commodore 40,617 45,956
Toyota HiLux 36,124 39,896
Toyota Corolla 36,087 41,632
Holden Cruze 33,784 28,334
Hyundai i30 28,869 29,772
Nissan Navara 21,675 21,171
Toyota Camry 19,169 25,014
Ford Falcon 18,741 29,516
Mitsubishi Lancer 18,711 23,076
     

Source: VFacts

Mark Hinchliffe
Contributing Journalist
Mark Hinchliffe is a former CarsGuide contributor and News Limited journalist, where he used his automotive expertise to specialise in motorcycle news and reviews.
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