9314.0 - Sales of New Motor Vehicles, Australia, Sep 2003  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/10/2003   
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MEDIA RELEASE

October 10, 2003
Embargoed: 11:30 AM (AEST)
105/2003
Rate of increase in sales of new motor vehicles slows

A record high trend estimate of 80,416 for total sales of new motor vehicles was recorded for September 2003. The trend estimate has shown 11 months of continuous growth with a 1.0% increase in September 2003 compared with August 2003. This is less than the 1.4% increase recorded in August 2003 compared with July 2003.

Going against the national direction, the Northern Territory has recorded falls in the trend estimate for the sales of new motor vehicles for the past 6 months. For September 2003 the Northern Territory recorded a fall of 1.4% while the other states and the Australian Capital Territory all recorded increases. Trend growth was recorded above the national average by Queensland (1.7%), South Australia (1.8%), Western Australia (1.2%) and Tasmania (2.0%).

The trend estimate in the sales of passenger vehicles increased by 1.2% in September 2003 compared to August 2003. Other vehicles recorded a trend estimate increase of 0.6% over the same period.

Seasonally adjusted estimates of total new motor vehicle sales rose from 79,316 in August 2003 to 81,079 (2.2%) in September 2003.


Sales of New Motor Vehicles, September 2003
NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Vehicle Sales
Seasonally Adjusted
26,924
21,452
16,166
5,530
7,375
1,589
682
1,361
81,079
Trend
26,834
21,147
16,084
5,409
7,429
1,579
631
1,303
80,416

Percentage change from previous month
Seasonally Adjusted
0.0
4.8
1.4
2.9
2.5
2.0
15.2
6.6
2.2
Trend
0.9
0.4
1.7
1.8
1.2
2.0
-1.4
0.7
1.0

Percentage change from previous year
Seasonally Adjusted
13.2
9.1
17.4
20.7
19.8
23.0
14.4
4.4
14.0
Trend
14.0
11.3
19.7
22.5
20.7
26.5
5.3
10.8
15.6

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) available via this web site.