Coronavirus – Sydney: COVID-19 update (26 March 2022)

Australians are buying new cars at almost the same rate as this time last year – to pre-coronavirus levels – as the industry remains hopeful the worst is behind it and there is a clear road ahead.

Official sales figures released today by the Federal Chamber of Automotive Industries (FCAI) show new-car sales in October 2020 were down by just 1.5 percent compared with the same month the previous year, with 81,220 vehicles reported as sold versus 82,456 in October 2019.

Four of the Top 10 brands posted sales increases...