June sets another record despite drop in sales
Each month, the Federal Chamber of Automotive Industries releases a report detailing the top-selling vehicles across Australia. Pickles’ monthly vehicle report presents the top 10 vehicles from this list and recounts industry news and trends as they affect the Australian market.
Market snapshot
Despite a small dip in sales for June, the first half of 2024 set a record for new car sales in Australia. With over 630,000 new vehicle sales in the first 6 months of the year, results in 2024 have so far been record breaking and are up 8.7% on the former sales record in 2018. Overall, results are high, even if June did represent a slight dip in sales (4.2%) compared to the same month in 2023.
Almost 120,000 new cars were sold across Australia throughout June, with a dip in results noted in every location except the Australian Capital Territory. This dip in sales has been a long time coming, with most motor vehicle insiders having originally expected results to slow down this time last year. This change in speed may continue in the coming months, as the long backlog of new car orders reach buyers and results can only represent interest for that month as opposed to a car bought now, but ordered many months ago.
The EV market continues to fluctuate drastically, with a 13.2% dip in June after a large increase in May. YoY the EV segment is down, accounting for 8% of the market in June 2024 compared to 8.8% in the same month in 2023. Australian consumers can’t quite seem to make their mind up about the switch to electric vehicles, though the Federal Chamber of Automotive Industries (FCAI) is hopeful for EVs to go over 100,000 sales by the end of the year. Consumers appear more interested in hybrid and plug-in hybrid models, with sales in June up over 84% compared to June 2023 and YTD sales up 114% overall.
Most popular vehicles | June 2024
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Ford Ranger - 6,289 units sold in June & 33,531 sold YTD
The Ford Ranger finished the financial year on top with over 6,200 sales in June and leading the list for the majority of 2024. The Ford Ranger is well known for its workhorse features while maintaining a stylish exterior and is a popular choice amidst Australian consumers.
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Toyota HiLux - 5,630 units sold in June & 28,515 sold YTD
With consistent sales throughout 2024, the Toyota HiLux sold over 5,600 units throughout June and retained second place on the list. The Hilux is a versatile and powerful Australian favourite, popular with both private and business buyers. Check out all of the quality used HiLux models available at Pickles.
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Toyota RAV4 - 3,907 units sold in June & 25,405 sold YTD
The Toyota RAV4 finished the financial year strong, with just shy of 4,000 models sold for the month. Given the RAV4 is always in high demand, keeping up to date with Pickles’ sales is the best way to purchase a quality used model.
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Mitsubishi Outlander - 3,045 units sold in June & 14,443 sold YTD
Sales of Mitsubishi Outlander units have been steadily increasing month on month in 2024, with over 3,000 units sold in June alone. As a staple of the Australian car market, buyers are lucky to have access to a wide variety of used Outlander models featured in Pickles’ sales.
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Tesla Model Y - 2,906 units sold in June & 12,516 sold YTD<
After a hiatus from the top sellers list, the Tesla Model Y jumped into the spotlight with over 2,900 units sold in June. The Model Y is one of two Tesla vehicles that received a price drop in May, which may account for the sudden increase in sales in June.
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Isuzu UTE D-MAX - 2,881 units sold in June & 15,790 sold YTD
D-MAX sales have been sturdy and consistent so far in 2024, with just over 2,800 units sold in June. For car buyers looking for the practicality of a work vehicle along with the versatility of a family car, the D-MAX is a popular car choice.
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Mazda CX-5 - 2,687 units sold in June
The stylish and compact Mazda CX-5 sold over 2,600 units in June. The SUV is a Japanese-made model and is popular thanks to its affordability in comparison to its competitors. Because the CX-5 has been on the Australian market for a few years, there are many used models available.
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Ford Everest - 2,267 units sold in June & 11,276 sold YTD
After a half year of fairly steady sales, the Ford Everest had a solid month in June with over 2,600 units purchased. The Everest is a spacious family vehicle, popular for being a reliable option for large families.
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Toyota Corolla - 2.232 units sold in June & 13,179 sold YTD
The compact Toyota Corolla sold over 2,300 units in June. The affordable Corolla is known for its serious reliability and cheap maintenance costs, making it a good pick in 2024’s economic conditions.
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Toyota Camry - 2,013 units sold in June & 10,788 sold YTD
Toyota’s Camry model had another consistent month of sales with just over 2,000 units bought in June. Compact and stylish, the Camry has long been a top choice for both city drivers and for small families.
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11 Jul