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VFACTS May 2024: Sales records broken as Ford Ranger takes top spot

24/06/2024 by Lania Mason in Industry news

Australian new-car sales continue their record streak for the fifth consecutive month, achieving an all-time record for May.

According to the most recent data released by the Federal Chamber of Automotive Industries (FCAI), 111,099 vehicles were purchased, marking a 5.1% increase compared to the same month last year.

“The continued growth highlights consumer confidence and the industry’s ability to meet diverse needs of Australian motorists despite current economic challenges” said FCAI Chief Executive Tony Webster.

“The Australian market is one of the most open and competitive in the world which supply consumers with a wide choice of vehicle across all segments and price categories.”

Electric Vehicles, Hybrids and Plug-In Hybrids

Hybrid vehicles continue to be popular among Australian new car buyers, recording 16,218 sales for the month compared to 8,947 Electric Vehicle(EV) deliveries.

Plug-in Hybrid Electric Vehicles (PHEVs) were also popular, with 1,373 sales, up 73.6% from the same month last year.

Top 10 Cars Models in May 2024

Having lost the title of ‘Top selling model’ to the Toyota RAV4 in April 2024, the Ford Ranger returned to the top of the charts, surpassing its rival Toyota Hilux by 210 sales.

The Toyota Camry, Mazda CX-5, and Tesla Model 3 all made the Top 10, leaving no room for last month's top 10 performers MG ZS (12th position), Kia Sportage (13th position), and Toyota LandCruiser Wagon (17th position).

Rank Model May 2024 Sales
1 Ford Ranger 5,912
2 Toyota HiLux 5,702
3 Toyota RAV4 5,517
4 Isuzu D-Max 2,612
5 Mitsubishi Outlander 2,500
6 Toyota Camry 2,468
7 Toyota Corolla 2,439
8 Ford Everest 2,110
9 Mazda CX-5 2,108
10 Tesla Model 3 1,958

Top 10 Car Brands In May 2024

Toyota dominated the Australian vehicle market again with an impressive 23,389 units sold, representing 21.1% of all new vehicle sales.

Hyundai managed to reclaim 5th position above Mitsubishi, and Tesla returned to the top 10 besting Nissan and Subaru.                          

Rank Brand May 2024 Sales
1 Toyota 23,389
2 Ford 8,806
3 Mazda 8,002
4 Kia 7,504
5 Hyundai 6,495
6 Mitsubishi 6,409
7 Isuzu Ute 4,401
8 MG 4,159
9 GWM 3,820
10 Tesla 3,567

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