Tag Archives: cars

SUV sales over-taking passenger vehicle sales in Qld

As SUVs have become the new family car, and many millennials are living in inner cities and relying on public transport, walking or cycling, SUVs have steadily increased their share of new motor vehicle sales, and now SUV sales exceed … Continue reading

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New motor vehicle sales lower in Qld than before financial crisis

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, … Continue reading

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RACQ should push for demand management options such as congestion pricing

I was surprised by this view attributed to RACQ Executive Manager Michael Roth in the Brisbane Times article Brisbane drivers spend three days a year stuck in traffic: Mr Roth said there were two ways to prevent worsening congestion rates … Continue reading

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New SUV sales surge – pent-up demand possibly playing a role in pick up in new motor vehicles sales

New motor vehicle sales in Queensland were 4.7% higher in February than in January in seasonally adjusted terms, driven by a surge in SUV sales, which could eventually overtake sales of passenger vehicles (see chart below based on ABS data … Continue reading

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Vehicle sales affected by weak consumer confidence & Gen Y habits

New motor vehicle sales in Queensland in August were almost 9% lower than in August 2013, according to ABS data released yesterday. There are at least three contributing factors: persistently weak consumer confidence (see Consumer sentiment slumps as budget worries … Continue reading

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Lack of consumer confidence reflected in new vehicle sales – but trend towards SUVs continues

Anxious consumers and businesses remained reluctant to purchase new motor vehicles in May, with new vehicle sales 2.1% lower than in April and 4.3% lower than in May 2013 (see ABS summary). Both vehicles for personal and business use appear … Continue reading

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