Australian market down 0.9% in the first nine months of 2017
- The Australian market (PC + LCV) fell by 9% in September 2017, which is the worst monthly figure in several years and confirms a gradual slowdown in this market after a rather satisfactory year 2016 (+ 2%). On the 2017 9-month total, the Australian market fell 0.9% to 879,000 units. At the current rate, it could fall to 1.1 million units throughout the year, against 1.178 million in 2016 and 1.155 million in 2015.
- The Australian market is one of the few markets whose structure has changed dramatically, with supply coming in part from local factories now being replaced by imports alone. This restructuring is the consequence of the successive closures of the local factories (Mitsubishi, Ford, Toyota, Holden) announced by the manufacturers since several years, and whose implementation ends this year.
- What is the current composition of the Australian market? Japanese manufacturers are widely represented, with 53% of the market, including 17% for Toyota, 10% for Mazda, 6% for Mitsubishi, 6% for Nissan, 4% for Subaru, 3% for Honda, 3% for Isuzu, 2 % for Suzuki. These manufacturers mainly export from Japan.
- European manufacturers make up 18% of the Australian market, Americans 16% and Koreans 13%.
- Passenger cars make up 78% of the Australian market and light commercial vehicles 22%.
Contact us: info@inovev.com