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Ford Ranger reclaims title as Australia’s best-seller as SUV and ute sales surge in October
The Ford Ranger has reclaimed the title of Australia’s top selling car after SUVs and light commercial vehicles dominated the new car market, accounting for 80 per cent of sales.
Sports Utility Vehicles (SUVs) and Light Commercial Vehicles (LCVs) continue to find favour with Australian new car buyers despite concerns about rising petrol prices, according to the Federal Chamber of Automotive Industries’ (FCAI) monthly VFACTS report.
With the Ford Ranger leapfrogging the Toyota Hilux as the nation’s highest selling car, nine of the top 10 highest selling vehicles in October 2022 were SUVs or utes, with sales of SUVs up 37 per cent compared to the same month last year.
SUVs and utes accounted for 80 per cent of the 87,299 new vehicles sold nationally for the month. Overall, new car sales rose 16.9 per cent higher in October 2022 compared to October 2021.
Across the country, new car sales in Victoria increased 24.3 per cent on October 2021, while NSW and Queensland rose 10.2 per cent and 16.7 per cent respectively. Tasmanian new car sales registered the biggest percentage increase, up 25.1 per cent on the same month last year.
The bumper sales result in October may be a sign of improving supply of new cars into Australia according to the FCAI. New car supply constraints and semiconductor shortages have contributed to a surge in used car values since the start of the pandemic, particularly for in-demand utes and SUVs.
“Globally, car manufacturers have been heavily impacted by the COVID-19 pandemic. This October figure is a positive sign that supply chains are recovering and consistency is returning to the marketplace, but we still have some way to go before it returns to normal,” said FCAI Chief Executive Tony Weber.
Toyota HiLux still leads the Ford Ranger in new car sales to the end of October. Image: Supplied
Best-selling car makes and models
Ford's acclaimed new Ranger ute reclaimed the title of Australia’s top selling vehicle with 5,628 sales, followed by the Toyota HiLux ute (4,884), Toyota RAV4 SUV (3,222) and Mazda CX-5 SUV (2,352), with MG’s ZS SUV (2,293) rounding out the top five.
Toyota (18,259 sales) led Ford (7,823), KIA (6,380), Mitsubishi (5,982) and Mazda (5,775) as the country’s top selling brand.
Despite sales of light and small cars continuing to fall as car shoppers gravitate towards SUVs, VFACTS reported 1,823 sales of the MG3 light hatchback in October – good enough to rank as the nation’s eighth most popular vehicle. RACV’s latest Car Running Costs Survey revealed the MG3 Core light hatchback is Australia’s cheapest car to own and run for the second year in a row, largely due to its relatively low purchase price and fuel consumption.
Tesla again topped sales of electric vehicles for the month, despite sales falling more than 4,000 units from September 2022 due to the brand’s inconsistent shipping schedule. The electric-only brand’s new Model Y SUV recorded 1,076 sales, however just 33 Model 3 sedans were reported sold.
For the first 10 months of 2022, Tesla ranks comfortably as the country’s biggest seller of electric vehicles, accounting for 15,132 of the 23,869 EVs sold year to date.
Top selling new cars – October 2022 | |
---|---|
5,628 |
|
4,884 |
|
Toyota RAV4 |
3,222 |
2,352 |
|
2,293 |
|
Isuzu D-Max |
1,951 |
Kia Sportage |
1,877 |
MG3 |
1,823 |
Mitsubishi ASX |
1,734 |
Mitsubishi Triton |
1,679 |
Top selling car brands – October 2022 | |
---|---|
Toyota |
18,259 |
Ford |
7,823 |
Kia |
6,380 |
Mitsubishi |
5,982 |
Hyundai |
5,775 |
MG |
5,289 |
Volkswagen |
5,031 |
Isuzu Ute |
2,865 |
GWM |
2,462 |
Source: Federal Chamber of Automotive Industries VFACTS report, October 2022
The information provided is general advice only. Before making any decisions please consider your own circumstances and the Product Disclosure Statement and Target Market Determinations. For copies, visit racv.com.au. As distributor, RACV Insurance Services Pty Ltd AFS Licence No. 230039 receives commission for each policy sold or renewed. Product(s) issued by Insurance Manufacturers of Australia ABN 93 004 208 084 AFS Licence No. 227678.