Economic briefing note on motor vehicle sales in January 2017

January 2017

Release date: 15 February 2017
Next release: 15 March 2017

New motor vehicle sales in Victoria grew by 7.8 per cent to 28,490 vehicles in the month to January 2017. This change was driven by increases in the sales of sports utility vehicles (SUV's), up 20.7 per cent (with 11,461 vehicles sold), and passenger vehicles, up 2.6 per cent (with 11,836 vehicles sold) since December 2016. Sales of other vehicles* were down 3.7 per cent (with 5193 vehicles sold) since December 2016.

Nationally, new motor vehicle sales grew by 0.6 per cent to 97,636 vehicles in the month to January 2017. This change was driven by an increase in the sale of sports utility vehicles (SUV's), up 6.3 per cent (with 37,667 vehicles sold) since December 2016. Sales of other vehicles* and passenger vehicles were down 4.3 per cent (with 20,146 vehicles sold), and 1.7 per cent (with 39,822 vehicles sold) respectively.

Among the states Victoria experienced the greatest increase in car sales, up 2063 vehicles (or 7.8 per cent ) in the month to January 2017. Over the same period, Queensland experienced the greatest decrease in car sales, down 552 vehicles (or 2.9 per cent).

Victoria's share of national new motor vehicle sales in the month to January 2017 was 29.2 per cent (up from 27.2 per cent in the month to December 2016).

New motor vehicle sales by state

Total vehicle sales NSW VIC QLD SA WA TAS NT ACT AUST
Month to January 2017 33,056 28,490 18,37958917799 1615859 154797,636
Annual change to January 2017, number (%)245 (0.7) 1932 (7.3) -1818 (-9.0) -252 (-4.1) -1104 (-12.4) 37 (2.3) 22 (2.6) 68 (4.6) -869 (-0.9)
Change in the month to January 2017, number (%) -401 (-1.2) 2063 (7.8) -552 (-2.9) -152 (-2.5) -173 (-2.2) -55 (-3.3) 21 (2.5) -127 (-7.6) 624 (0.6)

New vehicle sales

New motor vehicles sales in Victoria and Australia between January 2007 and January 2017 This chart shows the number of new motor vehicles sales in Victoria and Australia between January 2007 and January 2017. Victoria and Australia have followed similar trends over this period. 21,300 new vehicles were sold in Victoria in the month to January 2007. Between January 2007 and January 2008, new vehicle sales trended upwards to a high of 23,700 new vehicles sold in the month to January 2008. Between January 2008 and March 2009 sales of new vehicles then declined to a low of 18,400 vehicles sold in the month to March 2009. New vehicle sales then peaked in the month to April 2010, trending upwards between March 2009 and April 2010 to reach a high of 26,400 vehicles sold in the month to April 2010. Between April 2010 and May 2011 new vehicle sales in Victoria trended downwards to a low of 19,300 vehicles sold in the month to May 2011. Since May 2011, new vehicle sales in Victoria have trended upwards, with 28,500 sales in the month to January 2017. 85,100 new vehicles were sold in Australia in the month to January 2007. Between January 2007 and November 2007, new vehicle sales trended upwards to a high of 90,600 new vehicles sold in the month to November 2007. Between November 2007 and March 2009 sales of new vehicles declined to a low of 70,900 vehicles sold in the month to March 2009. New vehicle sales then peaked in the month to April 2010, trending upwards between March 2009 and April 2010 to reach a high of 92,900 vehicles sold in the month to April 2010. Between April 2010 and May 2011, new vehicle sales in Australia trended downwards to a low of 75,900 vehicles sold in the month to May 2011. Since May 2011, new vehicle sales in Australia have trended upwards with 97,600 sales in the month to January 2017. 

DateVictoriaAustralia
January 200721,30085,100
November 2007n/a90,600
January 200823,700n/a
March 200918,40070,900
April 201026,40092,900
May 201119,30075,900
January 201728,50097,600

Types of vehicle sales in Victoria

Type of Vehicle Sales in Victoria from January 2007 and January 2017, breakdown SUVs, other vehicles and passenger vehicles This chart shows the number of motor vehicle sales in Victoria by the three categories of vehicle sold, SUV's, passenger vehicles, and other vehicles. This chart shows sales of motor vehicles between the month to January 2007 and the month to January 2017. 14,100 passenger vehicles were sold in Victoria in the month to January 2007. Between January 2007 and May 2008, passenger vehicle sales trended upwards to a high of 15,200 passenger vehicles sold in the month to May 2008. Between May 2008 and March 2009 sales of passenger vehicles then trended downwards, to a low of 11,600 vehicles sold in the month to March 2009. Passenger vehicle sales then peaked in the month to April 2010, trending upwards between March 2009 and April 2010 to reach a high of 16,200 vehicles sold in the month to April 2010. Passenger vehicle sales then trended downwards between April 2010 and May 2011, to a low of 11,600 vehicles sold in the month to May 2011. Between May 2011 and September 2012, passenger vehicle sales trended upwards to 14,400 vehicles sold in the month to September 2012. Since September 2012, passenger vehicle sales have trended downwards, with 11,800 sales in the month to January 2017.   3,600 SUV's were sold in Victoria in the month to January 2007. Between January 2007 and January 2008, SUV sales trended upwards to a high of 4,700 SUV's sold in the month to January 2008. Between January 2008 and November 2008 sales of SUV's then declined to a low of 3,000 vehicles sold in the month to November 2008. SUV sales then peaked in the month to April 2010, trending upwards between November 2008 and April 2010, to reach a high of 6,100 vehicles sold in the month to April 2010. Between April 2010 and May 2011, SUV sales then trended downwards, to a low of 4,100 vehicles sold in the month to May 2011. Since May 2011, SUV sales have trended upwards, with 11,500 sales in the month to January 2017. 3,700 other vehicles were sold in Victoria in the month to January 2007. Between January 2007 and April 2008, other vehicle sales trended upwards to a high of 4,400 other vehicles sold in the month to April 2008. Between April 2008 and February 2009 sales of other vehicles then declined to a low of 3,200 vehicles sold in the month to February 2009. Other vehicle sales then trended upwards between February 2009 and December 2009 to reach a high of 5,300 vehicles sold in the month to December 2009. Between December 2009 and January 2012, other vehicle sales trended downwards to a low of 3,400 vehicles sold in the month to January 2012. Since January 2012, other vehicle sales have trended upwards, with 5,200 sales in the month to January 2017. 

DateSUVsOther vehicles*Passenger vehicles
January 20073400370014,100
January 20084700n/an/a
April 2008n/a4400n/a
May 2008n/an/a15,200
November 20083000n/an/a
February 2009n/a3200n/a
March 2009n/an/a11,600
December 2009n/a5300n/a
April 20106100n/a16,200
May 20114100n/a11,600
January 2012n/a3400n/a
September 2012n/an/a14,400
January 201711,500520011,800

Source: Australian Bureau of Statistics (ABS), cat. no. 9314.0 – Sales of new motor vehicles, Australia

*Other vehicles – vehicles that are not passenger vehicles or SUVs.

Contact

Please email economic.analysis@ecodev.vic.gov.au for more information.

Page last updated: 7 March 2017