In April 2024, Australia's new vehicle sales hit a record high, increasing 18.3% YoY, led by hybrid vehicles and Toyota.
In April 2024, Australia's new vehicle sales reached a record high, up 18.3% year-over-year, driven by hybrid vehicles, which now account for 18.3% of all new vehicle sales. SUVs and light commercial vehicles continue to dominate the market, despite electric car sales seeing a decline, dropping from 9.5% to 6.4% in April. Toyota remains the top-selling new-car brand, with a 72.7% increase in year-over-year sales.
May 03, 2024
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