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Australian new vehicle sales decrease 6.8% in April
atest VFACTS data shows a sharp decline in sales of PHEVs following the removal of the FBT exemption for these models at the end of March. During April, 2,601 plug-in hybrids were purchased, representing 2.9% of sales. This is down from 4.7% of sales year to date to March 2025. Among the companies, Toyota sales decreased 6.7% to 19,380 units, Ford sales decreased 15.2% to 7,334 units, Mazda sales decreased 10.0% to 6,573 units, Kia sales decrease...
News Updated at: 2025/05/07
Toyota considers Kentucky assembly of next-gen RAV4 to avoid Trump tariffs
Toyota considers Kentucky assembly of next-gen RAV4 to avoid Trump tariffs While Toyota currently plans to keep vehicle output in Canada as it is, the company is considering plans of where to build the next-generation RAV4 to bypass President Trump’s 25% tariffs on imported cars, according to sources familiar with the matter. Toyota is expected to showcase a revised 2026 RAV4 later in 2025. The company manufactures the current generation RAV4 i...
News Updated at: 2025/04/23
Australian new vehicle sales decrease 0.9% in March
cle fleet, but Australian families and businesses are not shifting in large numbers to EVs. While the supply of EVs is increasing, now with 89 models available in Australia, the demand for EVs is weak. This is consistent with a number of other advanced markets around the world. Among the companies, Toyota sales increased 8.3% to 20,541 units, Ford sales decreased 6.2% to 8,232 units, Mazda sales decreased 3.0% to 8,000 units, Kia sales increased ...
News Updated at: 2025/04/04
U.S. auto sales up 9.1% in March as pre-tariff rush boosts new car sales
tal inventory at the beginning of March was 2.99 million units (2.95 million units at the start of February) but fell to 2.66 million mid-month. Among major brands, Lincoln had a higher inventory at 118 days and Dodge 94 days at the end of February 2025. Meanwhile, among Japanese-affiliated brands, Toyota, Lexus, Honda, Acura, Nissan, and Infiniti were 30, 29, 49, 63, 45, and 83 days in stock, respectively. Other Japanese brands include Subaru 43...
News Updated at: 2025/04/02
Faraday Future reports financial results for Q4 and full year 2024
the Hanford plant. The coming FX Super One vehicle is anticipated to be unveiled in June of 2025, and expects to start collecting paid reservations in preparation for the first planned FX to roll off the line by the end of 2025. The second potential FX product has benchmarked products including the Toyota RAV4, and plans to have a product that equals the leaders in its segment. (Faraday Future release on March 27, 2025)...
News Updated at: 2025/03/29
Australian new vehicle sales decrease 9.6% in February
with 9.6% in February 2024. They are now two months into the Government’s New Vehicle Efficiency Standard (NVES), and while the supply of battery electric vehicles has risen dramatically, consumer demand has fallen by 37% this year compared with the first two months of 2024. Among the companies, Toyota sales decreased 2.8% to 18,832 units, Mazda sales increased 19.7% to 8,797 units, Kia sales increased 9.2% to 6,707 units, Ford sales decreased...
News Updated at: 2025/03/05
GlobalData blog: Navigating through the BEV chasm: PHEVs and EREVs as catalysts for change?
t of global PEV production, with over 2.4 million units in 2024. VW Group, meanwhile, stands as the most prolific PEV producer among non-Chinese OEMs, with a production volume of nearly 320k units during the same period. Other traditional OEMs are also beginning to capitalize on these technologies. Toyota Group regards PHEVs as one of the stepping stones to BEVs, broadening its range with models like the RAV4, Prius, and C-HR, and plans to incorp...
News Updated at: 2025/02/28
GlobalData blog: Australia: Asia’s mature market down under
the second consecutive year. The stellar performance can be attributed to a catch-up in supply, as well as growing demand for SUVs and Electric Vehicles (EVs). Australia is a 100% import market with no local production taking place since 2017, when the last remaining automakers – GM Holden and Toyota – closed their plants. Their exit came as it was no longer viable to continue local operations due to high manufacturing costs, the small sca...
News Updated at: 2025/02/14
Australian new vehicle sales decrease 3.3% in January
s. Especially, the sales of battery electric vehicles were the lowest since October 2022 with 4.4% sales share. This is a major concern because consumers are turning away from EVs at the time the Commonwealth Government has introduced the New Vehicle Efficiency Standard (NVES). Among the companies, Toyota sales increased 2.9% to 18,424 units, Mazda sales increased 1.9% to 8,322 units, Ford sales increased 3.1% to 6,830 units, Kia sales increased ...
News Updated at: 2025/02/13
Toyota announces best January sales in history in Mexico
Toyota announces best January sales in history in Mexico On February 5, Toyota Mexico announced strong results for January 2025, achieving its best start to the year since beginning operations in the country. The company sold 10,976 units, securing a 9.2% market share. Five models accounted for over 57% of total sales: RAV4 (1,825 units), Hilux (1,760 units), Avanza (1,144 units), Corolla (833 units), and Sienna (732 units). Additionally, all 150...
News Updated at: 2025/02/12
Toyota launches RAV4 GR SPORT in Turkiye
Toyota launches RAV4 GR SPORT in Turkiye On January 31, Toyota launched RAV4 GR SPORT model in Turkiye. The vehicle equipped with 2.5-liter hybrid engine, offers 219 horsepower of output. The vehicle can accelerate from 0 to 100 kmph in 8.1 seconds. The vehicle is offered with an intelligent all-wheel drive (AWD-i) system. The vehicle features 12.3 digital instrument display, 10.5-inch Toyota Touch multimedia system, Panoramic View Monitor,...
News Updated at: 2025/02/04
Toyota Türkiye launches RAV4 Hybrid Passion X-Sport with advanced AWD-i technology
Toyota Türkiye launches RAV4 Hybrid Passion X-Sport with advanced AWD-i technology On January 27, Toyota Türkiye announced that it is expanding the RAV4 lineup by launching the RAV4 Hybrid Passion X-Sport. The model is equipped with a 2.5-liter hybrid engine which generates output of 222 hp and AWD-i electric four-wheel drive. The model features an 8-inch touchscreen, a 7-inch TFT display, smart entry, and wireless phone charging. With 4.4 l/10...
News Updated at: 2025/01/28
Canada’s top selling models in 2024
Canada’s top selling models in 2024 On January 15, DesRosiers Automotive Consultants reported that new light vehicle sales performance in 2024 was positive with the market up 8.2%. At the model level, however, the market saw significant shifts. Top Five Passenger Cars1. Honda Civic2. Toyota Corolla3. Hyundai Elantra4. Tesla Model 35. Volkswagen Jetta Among passenger cars, the Honda Civic reclaimed the top spot with a ...
News Updated at: 2025/01/17
Australian new vehicle sales increase 0.3% in 2024
all consumer preferences remain clear with SUVs and Light Commercial vehicles continuing to dominate the market. This will prove to be a significant challenge in meeting the extremely ambitious targets of the New Vehicle Efficiency Standard (NVES) which began on 1 January 2025. Among the companies, Toyota sales increased 12.1% YoY to 241,296 units, Ford sales increased 14.1% to 100,170 units, Mazda sales decreased 4.0% to 95,987 units, Kia sales ...
News Updated at: 2025/01/07
Toyota Kentucky invests USD 922 million for new advanced paint facility
Toyota Kentucky invests USD 922 million for new advanced paint facility On December 12, Toyota Motor Manufacturing Kentucky (TMMK) announced it is investing USD 922 million to build a new advanced paint facility and further support the company’s electrification efforts. The expansion project supports efforts to increase flexibility at the plant for future vehicle production, and is designed to improve operational efficiencies and enhance the ...
News Updated at: 2024/12/13
Toyota achieves best sales ever in Mexico in 2024
Toyota achieves best sales ever in Mexico in 2024 On December 4, Toyota Mexico announced that 2024 is its best sales year since entering the market in 2002. In November 2024, Toyota sold 11,935 vehicles in the country, bringing the year-to-date total to 111,362 units, and achieving an 8.3% market share. From January to November, 33,131 units sold were HEVs, accounting for about 30% of sales and exceeding the year’s electrification targets. The ...
News Updated at: 2024/12/11
Australian new vehicle sales decrease 11.6% in November
nt continues to struggle with a decline of 16.6 per cent on November 2023. This follows falls of 14.2 per cent in October, 17.2 per cent in September and 15.9 per cent in August. This is a disturbing trend which illustrates how cost of living pressures are impacting households. Among the companies, Toyota sales decreased 2.1% YoY to 20,562 units, Ford sales increased 6.8% to 8,720 units, Mazda sales decreased 12.9% to 7,588 units, Kia sales incre...
News Updated at: 2024/12/04
Australian new vehicle sales decrease 7.9% in October
said that we remain concerned about the continuing performance of the private buyers segment which was down 14.2 per cent this month following a reduction of 17.2 per cent in September. This does indicate that economic pressures are a concern for families across the country. Among the companies, Toyota sales decreased 9.0% YoY to 18,471 units, Ford sales decreased 0.3% to 8,581 units, Mazda sales decreased 17.8% to 7,656 units, Hyundai sales i...
News Updated at: 2024/11/08
Australian new vehicle sales decrease 12.4% in September
oard customers are showing a willingness to take steps towards lower emission vehicles with sales of hybrid and plug-in hybrid continuing to increase. Third, recorded sales of battery electric vehicles are again disappointing this month,” said FCAI Chief Executive Tony Weber. Among the companies, Toyota sales decreased 13.4% YoY to 18,110 units, Ford sales increased 3.6% to 8,303 units, Mazda sales increased 2.1% to 8,201 units, Kia sales incre...
News Updated at: 2024/10/03
U.S. auto sales down 12.0% in September
15.0 15.7 15.7 16.1 15.9 15.0 15.9 15.3 15.8 (Source: Bureau of Economic Analysis: BEA) According to the U.S. media on October 1, total inventory in September was 2.8 million vehicles (77 days in inventory), a 40% increase over the same month last year. Just eight brands —Toyota, Lexus, Honda, Acura, Subaru, Kia, Volkswagen and Porsche —had a days' supply figure below the industry average last month. U.S. new vehicle ...
News Updated at: 2024/10/02