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Car market declines due to supply shortages

NCR FCAI Ford Ranger

Car sales in Australia have dropped 15.3% on November 2020 sales, with 80,639 new vehicles sold in November 2021.

“Demand across the sector remains strong with the drop in sales reflecting well recognised international supply chain issues,” said FCAI Chief Executive Tony Weber. “This includes constraints around microprocessor supplies as well as the ongoing impact of the pandemic restricting factories.”

Car makers are competing for microprocessors with many other sectors, such as white goods manufacturers, across the globe. Some new vehicles sold in the Australian market can require up to 3,000 of these parts, so this shortage is definitely being felt by the industry. “Challenges aside, we are less than 29,000 vehicles away from 1 million new cars being put into the hands of Australian motorists in 2021,” added Weber.

Sales of rental and hire fleets continued to grow off the back of October 2021 sales. An increase of 90.7%% year to date on 2020 figures has been recorded which shows rental providers are continuing to prepare for an increase in travel as pandemic restrictions continue to ease.

Toyota was the market leader in November recording 15,239 vehicles sold, followed by Hyundai with 6,854 sales, Ford with 6,215 sales, Mitsubishi with 5,720 sales and Mazda with 5,295 vehicles, rounding out the top five brands.

The Top Five models were:

  • Ford Ranger with 4,429 units sold
  • Toyota Hilux with 4,228 units sold
  • Hyundai i30 with 2,254. units sold
  • Toyota Corolla with 2,104 units sold
  • Toyota RAV 4 with 1,820 units sold.
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