The Australian production has dropped by half since 2004
- The Australian car production has dropped by half since between 2004 and 2012 (from 400 000 units per year to 200 000 units in 2012), while over the same period, the Australian market had increased by 20% (from 750 000 units in 2004 to 900 000 units in 2012).
- The Australian market importations are growing rapidly, mainly from Japan, China, Korea, and Thailand, but also from Europe and South Africa. From 350 000 units in 2004, their imports rose to 700,000 in 2012, doubling their volume size in eight years.
- Two reasons explain this trend:
1.Carmakers deem unprofitable assembling vehicles on Australian soil (too costly). There are only three carmakers left (GM, Ford, Toyota), Mitsubishi stopped it's production in 2008.
2.The range of vehicles produced locally is too small in relation to the demand of the Australian market.
- Given these two reasons, the Australian production can only decline over the next few years and Australia could eventually become a country without any automobile industry.
Data source: File #55 - Registrations in the World by makes
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