VFACTS August 2024: Record RAV4 sales drive hybrid surge as EVs stumble

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VFACTS August 2024: Record RAV4 sales drive hybrid surge as EVs stumble

The

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was Australia’s best-selling vehicle in August 2024, as hybrid sales continue to grow.

A total of 100,786 vehicles were delivered during August 2024 according to VFACTS sales data from the Federal Chamber of Automotive Industries (FCAI), supplemented with Tesla and Polestar results reported by the Electric Vehicle Council.

This represents a drop of 8.3 per cent compared with August 2023, which was the biggest August on record in terms of new car deliveries; August 2024 sits in second spot.

With 836,065 new vehicles delivered so far this year, the market overall is up just over 6 per cent on 2023, which eventually set an industry record.

The Toyota RAV4 not only outsold every other vehicle in Australia in August, it even outsold the entire Hyundai and Mitsubishi lineups.

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This single model line even outsold Nissan and Subaru’s entire lineups combined.

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helped fuel a 44.9 per cent increase in hybrid sales in Australia compared with August 2023.

Of all the propulsion types, only plug-in hybrids (PHEVs) saw a greater increase at 119.8 per cent year over year, though this was from a lower base.

In contrast, deliveries of electric vehicles (EVs) were down 18.5 per cent year over year, thanks in part to

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“Once again, the new car market is showing signs of resilience as cost-of-living pressures and interest rates continue to impact the economy,” said FCAI chief executive Tony Weber.

Brands

Toyota was, as always, the leader and by a considerable margin, though August sales were down 3.7 per cent on the same month last year.

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Much of the blame for that is due to the absence of the

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, with stock of the old model exhausted.

While Mazda was in the second spot in July, Ford pushed past it in August. The Blue Oval’s sales were up 12.6 per cent over last August to 8890 sales, fuelled by strong delivery tallies for the Everest.

While much lower in volume, the

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notably pushed past the rival

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and

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for the top spot in its segment.

Mazda got the bronze, with sales down 2.3 per cent on August last year to 8263 sales as

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and

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stock dried up.

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Kia continues to sit above sibling brand Hyundai, with the Koreans taking the fourth and fifth positions. Kia was up 6.0 per cent to 6903 sales, while Hyundai was down 4.6 per cent to 6211 sales.

The top 10 was rounded out by Mitsubishi (5516 sales, up 11.2 per cent), Isuzu Ute (3924, down 16.7 per cent), MG (3561 sales, down 33.7 per cent), Nissan (3376 sales, down 20.2 per cent) and GWM (3148 sales, up 9.4 per cent).

Outside of the top 10, brands largely recorded either double-digit increases or double-digit decreases… and there was a lot more of the latter.

It was a bad month to be a Stellantis brand, except for Fiat which managed a 17.9 per cent year-over-year increase thanks to stronger sales of its

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van.

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Compared with August 2023, Alfa Romeo was down 47.5 per cent, Citroen was down 44.8 per cent, Jeep was down 40.4 per cent, Maserati was down 45.3 per cent, Peugeot was down 43.3 per cent, and Ram was down 47.1 per cent.

Brands that enjoyed a good month included BYD (up 151.7 per cent), Suzuki (up 38.1 per cent), Chery (up 43.2 per cent), Porsche (up 40.9 per cent) and Chevrolet (up 24.2 per cent).

Jaguar also continues to rally, just as it’s about to lose its entire current lineup and become a more exclusive brand. Its sales were up 76.6 per cent, albeit from a low base.

Models

The Toyota RAV4 topped the charts, and could well finish in the top spot for the entire calendar year at this rate.

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertSegments

The following are the segment leaders for the month of August 2024.

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertdata:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertMicro cars:

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(522),

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(43)Light cars under $30,000:

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(923),

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(548),

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(492)Light cars over $30,000:

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(159),

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(59),

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(32)Small cars under $40,000:

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(1855),

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(1406),

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(1098)Small cars over $40,000:

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(309),

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(251),

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(192)Medium cars under $60,000:

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(933),

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(371),

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(89)Medium cars over $60,000:

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(1063),

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(175),

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(142)Large cars under $70,000:

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(11),

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(5)Large cars over $70,000:

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(51),

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(41),

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(30)Upper large cars:

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(5),

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(2),

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(2),

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(2)People movers under $70,000:

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(990),

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(116),

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(35)People movers over $70,000:

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(41),

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(29),

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(13),

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(13)Sports cars under $80,000:

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(296),

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(81),

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(67)Sports cars over $80,000:

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(92),

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(78),

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(51)Sports cars over $200,000:

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(75),

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(15),

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(14)data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertdata:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertLight SUVs:

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(1675),

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(1006),

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(923)Small SUVs under $45,000:

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(1674),

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(1576),

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(1148)Small SUVs over $45,000:

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(402),

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(319),

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(261)Medium SUVs under $60,000:

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(6712),

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(2188),

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(2051)Medium SUVs over $60,000:

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(1330),

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(520),

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(442)Large SUVs under $80,000:

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(2273),

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(1376),

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(1103)Large SUVs over $80,000:

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(301),

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(159),

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(159)Upper large SUVs under $120,000:

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(1442),

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(705),

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(38)Upper large SUVs over $120,000:

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(102),

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(70),

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(65)data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertdata:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==Camera IconSupplied Credit: CarExpertSmall vans:

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(69),

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(39),

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(18)Medium vans:

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(1042),

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(311),

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(304)4×2 utes:

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(645),

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(607),

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(289)4×4 utes:

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(5142),

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(3851),

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(1941)Large pickups:

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(311),

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(232),

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(211)Sales by category

Includes Tesla and Polestar sales.

Top segments by market share

Includes Tesla and Polestar sales.

Sales by region

Excludes Tesla and Polestar sales.

Sales by buyer type

Excludes Tesla, Polestar and heavy commercial sales.

Sales by fuel or propulsion type

Includes Tesla and Polestar sales.

Sales by country of origin

Includes Tesla and Polestar sales.

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#VFACTS #August #Record #RAV4 #sales #drive #hybrid #surge #EVs #stumble

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