Official VFACTS figures for May have been released, revealing that the market finished the month at 92,561 vehicles sold, an 8.1 per cent year on year decrease from May of 2018.
Cumulative sales for the year to date are also 8.1 per cent lower, and as of the end of May, the total was 436,649 for the first five months.
"The Australian market has seen the same trend throughout 2019, resulting in an overall decrease of around eight per cent for the first five months of the year," Tony Weber, Chief Executive for the FCAI (Federal Chamber of Automotive Industries).
"We have attributed this trend to known market factors such as an economic downturn, drought, political events, the tightening of financial lending and lack of confidence in the market.
"Now that the Federal election has been finalised, we are optimistic that the market will improve over the next few months,” Weber said.
Kia is the only brand in the VFACTS top 10 that has consistently sold more cars in 2019 than it did in 2018. The May market leader was Toyota, with 18,820 sales, second Mazda with 8,578 sales, third Hyundai which recorded 8,106 sales, fourth Ford with 5,788 and fifth Kia with 5,533.
The two top-selling vehicles for the month were Light Commercial vehicles: Toyota HiLux with 4,206 sales and the Ford Ranger with 3,972 sales.
In third place was the popular medium SUV, the Toyota RAV4 with 2,917 sales and in fourth place was the month’s best-selling small car, the Hyundai i30 with 2,901 sales.
Vehicles that sold significantly better during May, year on year, included the Ford Ranger, Holden Equinox, Hyundai i30, the Kia Cerato, Mitsubishi Outlander, Nissan X-TRAIL, Toyota RAV4 and Volkswagen Polo.
SUVs continued their to be the dominant buyer preference, with 40,937 sales during May.
Passenger vehicles recorded 28,890 sales, and Light Commercial Vehicles recorded 19,178 sales.
Top 10 selling cars in May 2019
Toyota HiLux: 4206
Ford Ranger: 3972
Toyota RAV4: 2917
Hyundai i30: 2901
Toyota Corolla: 2467
Mazda CX-5: 2100
Kia Cerato: 2024
Toyota LandCruiser Prado: 1776
Holden Colorado: 1719
Top 10 selling brands in May 2019
As of the end of May, the 10 top-selling vehicles for the year to date were:
Toyota Hilux: 20,736
Ford Ranger: 16,645
Toyota Corolla: 11,882
Mazda CX-5: 11,045
Hyundai i30: 11,033
Mitsubishi Triton: 10,062
Toyota RAV4: 9010
Mitsubishi ASX: 8229
Toyota Prado: 7833
For the year to date, the 10 top-selling brands were:
Source; VFACTS May 2019