Cars in a row at dealership

Rising used car sales driving automotive industry growth

Used-vehicle prices continue to break records in Australia, with consumers paying almost 40 percent more for used cars now than they were pre-pandemic in 2019. Demand, particularly for SUVs, commercial utes and city runabouts, continues to grow and shows no sign of waning.   Car prices and sales have been taken on a roller coaster throughout the pandemic, initially falling by about …

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Close-up on an electric charging station on the street

Why hybrid sales are good news for the Australian automotive industry

Recent data is proving what has been suspected for some time: the future of Australia’s automotive industry is strongly leaning towards electric. In 2020, petrol and diesel sales were down almost entirely across the board, in part due to lock downs and restricted movement around the country. However, Australians also …

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