VFACTS September 2019: Mitsubishi, Mazda and Kia resist downturn

The official new car sales figures for September 2019 have been divulged by the FCAI, confirming a 6.9 per cent drop.

The official new car sales figures for September 2019 have been divulged by the FCAI, confirming a 6.9 per cent drop – a decrease of 6520 sales – compared to September 2018.

Thus far in 2019, overall Australian sales are down by 7.9 per cent, which is a drop of 69,541 vehicles for the nine months to September, and the FCAI’s chief executive, Tony Weber, suggests that part of the reason could be due to stricter lending regulations.

“The question has to be asked – are these results telling us we have made it too difficult for people to finance basic purchases in today’s Australia?”

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