Motor (Australia)

FEW HORSE RACE

Standouts buoy falling tallies

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ON FACE value, the month of February was a fruitful period that saw total registrati­ons of new performanc­e cars maintainin­g positive momentum. January’s tally of 624 new registrati­ons swelled by 20% to 752 achieved throughout February. Despite a shrinking mid-range $80k<$200k segment (down 6%), both entry sub-$80k and high-end $200k+ segments posted strong results.

The sub-$80k segment saw month-on-month registrati­ons increase by 37%, from 316 achieved in January to 432 through February. The most premium segment bested the volume sellers in growth too, represente­d by a 49% increase in month-on-month registrati­ons from 57 in January to 85 through February.

Growth in the top end of town is provided by a bump in Bentley deliveries, with 13 new cars registered – a 225% increase over the four delivered in the month prior. It’s also a return to form for Porsche’s perennial 911, which posted uncharacte­ristically low tallies in the first month of the calendar year, bouncing back in February to deliver 37 new vehicles (up 94% from the 19 delivered in January).

The affordable sub-$80k segment saw lots of action throughout February, with a few key players making up much of its 116-unit growth. Ford’s Mustang, ‘Australia’s favourite sports car’ is earning its title, having put 202 new vehicles on the road in February. That’s 7.2 new Mustangs per day! A total of 307 Mustangs have been registered since January 1, 2022, comfortabl­y owning the realm. Subaru’s BRZ follows with 177 registered this year so far.

BMW’s new 2 Series also provided a strong performanc­e, with monthly registrati­ons up 37%, from 59 to 81. Mini’s ageing Cooper/Cabrio chipped in with 33 new registrati­ons in February. While it pales in pure volume, that’s a 200% increase from the 11 put on the road in January. -AA

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