Economic briefing note on motor vehicle sales in December 2016

December 2017

Release date: 17 January 2017
Next release: 15 February 2017

New motor vehicle sales in Victoria fell by 4.5 per cent to 26,363 vehicles in the month to December 2016. This change was driven by decreases in the sales of sports utility vehicles (SUV's), down 10.2 per cent (with 9490 vehicles sold), and passenger vehicles, down 1.8 per cent (with 11,450 vehicles sold) since November 2016. Sales of other vehicles* were up 0.6 per cent (with 5423 vehicles sold) since November 2016.

Nationally, new motor vehicle sales grew by 0.3 per cent to 97,305 vehicles in the month to December 2016. This change was driven by increases in the sales of passenger vehicles, up 3.6 per cent (with 40,488 vehicles sold), and other vehicles*, up 0.7 per cent (with 21,326 vehicles sold) since November 2016. Sales of sports utility vehicles (SUV's) were down 3.3 per cent (with 35,492 vehicles sold) since November 2016.

Among the states New South Wales experienced the greatest increase in car sales, up 1483 vehicles (or 4.6 per cent ) in the month to December 2016. Over the same period, Victoria experienced the greatest decrease in car sales, down 1255 vehicles (or 4.5 per cent).

Victoria's share of national new motor vehicle sales in the month to December 2016 was 27.1 per cent (down from 28.5 per cent in the month to November 2016).

New motor vehicle sales by state

Total vehicle sales NSW VIC QLD SA WA TAS NT ACT AUST
Month to Dec 2016 33,677 26,363 19,039 6019 8011 1675 839 1682 97,305
Annual change to Dec 2016, number (%) 1459 (4.5) -577 (-2.1) -229 (-1.2) 117 (2.0) -840 (-9.5) -18 (-1.1) 7 (0.8) 240 (16.6) 160 (0.2)
Change in the month to Dec 2016, number (%) 1483 (4.6) -1255 (4.5) -177 (-0.9) -21 (-0.3) 223 (2.9) -20 (-1.2) -19 (-2.2) 113 (7.2) 328 (0.3)

New vehicle sales

New motor vehicles sales in Victoria and Australia between December 2006 and December 2016 This chart shows the number of new motor vehicles sales in Victoria and Australia between December 2006 and December 2016. Victoria and Australia have followed similar trends over this period. 20,400 new vehicles were sold in Victoria in the month to December 2006. Between December 2006 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 26,400 sales in the month to December 2016. 81,900 new vehicles were sold in Australia in the month to December 2006. Between December 2006 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 97,300 sales in the month to December 2016.

Date Victoria Australia
December 2006 20,400 81,900
November 2007 n/a 90,600
January 2008 23,700 n/a
March 2009 18,400 70,900
April 2010 26,400 92,900
May 2011 19,300 75,900
December 2016 27,800 97,300

Types of vehicle sales in Victoria

Type of Vehicle Sales in Victoria from December 2006 and December 2016, 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 December 2006 and the month to December 2016. 13,500 passenger vehicles were sold in Victoria in the month to December 2006. Between December 2006 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 11,500 sales in the month to December 2016.   3,500 SUV's were sold in Victoria in the month to December 2006. Between December 2006 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 9,500 sales in the month to December 2016. 3,400 other vehicles were sold in Victoria in the month to December 2006. Between December 2006 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 5,400 sales in the month to December 2016.

Date SUVs Other vehicles* Passenger vehicles
December 2006 3500 3400 13,500
January 2008 4700 n/a n/a
April 2008 n/a 4400 n/a
May 2008 n/a n/a 15,200
November 2008 3000 n/a n/a
February 2009 n/a 3200 n/a
March 2009 n/a n/a 11,600
December 2009 n/a 5300 n/a
April 2010 6100 n/a 16,200
May 2011 4100 n/a 11,600
January 2012 n/a 3400 n/a
September 2012 n/a n/a 14,400
December 2016 9,500 5400 11,500

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: 13 February 2017