9314.0 - Sales of New Motor Vehicles, Australia, Aug 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/09/2003
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Sales of new motor vehicles on the increase
The trend estimate for total sales of new motor vehicles rose for the tenth consecutive month in August 2003 to reach a new record high of 79,278. This is 13.7% higher than the August 2002 estimate.
The trend increase in total new motor vehicle sales was 1,117 or 1.4% in August 2003 compared with July 2003. New passenger vehicle sales and new other vehicle sales accounted for 0.8% and 0.6% respectively of this increase.
Only the Northern Territory recorded a fall from July 2003 to August 2003 (3.1%) while all of the other states and the Australian Capital Territory recorded increases in total new motor vehicle sales. Tasmania (2.5%), Queensland (2.2%), Western Australia (2.0%) and New South Wales (1.5%) recorded trend growth above the national average.
Seasonally adjusted estimates rose slightly with 79,316 total new motor vehicle sales in August 2003 compared with 78,316 in July 2003.
This publication draws on new motor vehicle sales data provided by the Federal Chamber of Automotive Industries (FCAI).
Media please note:
Further details are contained in Sales of New Motor Vehicles, Electronic Publication, (cat. no. 9314.0).
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