March was yet another record month for new vehicle sales in Australia, resulting in a record quarter for the market. A total of 109,647 vehicles were delivered in March, beating the previous March record of 106,988 vehicles set back in 2018. All up, 304,452 vehicles were delivered in the first quarter of 2024, up 13.2 per cent on the first quarter of 2023 and the best-ever first quarter for new vehicle sales in Australia.
“The car makers will respond, however it will take time to develop new products, especially in the large SUV and Light Commercial segments, that meet expectations in terms of price, performance and emissions, noting these vehicles make up more than one third of new vehicle sales in Australia.” Brands Toyota sales were up 43.4 per cent to 18,961 sales, heads and shoulders above second-place Ford . RAV4 sales were up 185.2 per cent to 5070 units, Corolla sales were up 103.