Mar­ket­place

SUVS con­tinue to do the heavy lift­ing

Wheels (Australia) - - Redline -

HIGH­LIGHTS SUVS, with sales of 41,420 units, now rep­re­sent the largest pro­por­tion of over­all ve­hi­cle sales, at 43.7 per­cent. The tally saw the seg­ment grow by 6.2 per­cent, with small SUVS con­tribut­ing much of the gain, with growth of 25.7 per­cent for the month (2711 units) and 24.7 per­cent year-to-date. Light com­mer­cials, en­com­pass­ing dual-cab utes, re­main up 2.3 per­cent YTD, though were down 1.8 per­cent in Septem­ber.

LOWLIGHTS: De­spite the con­tin­ued growth of the SUV seg­ment, to­tal na­tional monthly sales were down 5.5 per­cent in Septem­ber, com­pared with the same month last year. Bad news? Not re­ally. On the back of five record years, a de­cline is just part of a nor­mal mar­ket cy­cle. Pas­sen­ger car sales rep­re­sented one third of the to­tal mar­ket in Septem­ber, with a tally of 30,487 units. This rep­re­sents a de­cline of 20.1 per­cent com­pared with Septem­ber ’17 and 13.4 per­cent de­cline YTD. Nine months in, this leaves to­tal YTD sales 0.9 per­cent be­low a record pace for 2018.

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