9314.0 - Sales of New Motor Vehicles, Australia, Mar 2004  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/04/2004   
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MARCH 2004 KEY POINTS

Trend

The trend estimate for sales of total new motor vehicles increased 0.5% to 78,521 in March 2004 compared with February 2004. The trend estimate for total new motor vehicle sales has increased for the first three months of 2004.

An increase of 6.1% was recorded in the trend estimate for sales of total new motor vehicles in March 2004 compared with March 2003.

Sales of passenger vehicles recorded an increase in the trend estimate of 0.1% in March 2004 compared with February 2004. This increase followed six months of negative growth. The trend estimate for sales of other vehicles increased by 1.2% in March 2004 compared with February 2004.

Most states/territories recorded an increase in the trend estimate for sales of total new motor vehicles in March 2004 compared with March 2003. The exception was the Australian Capital Territory which recorded a fall of 3.9% over the twelve month period.

Seasonally adjusted

The seasonally adjusted estimate for sales of total new motor vehicles decreased by 0.6% to 79,332 in March 2004 compared with February 2004.

The seasonally adjusted estimate for sales of total new motor vehicles increased by 7.1% in March 2004 compared with March 2003. Passenger vehicle sales increased by 2.1% and other vehicle sales increased by 16.5% over the twelve month period.


NOTES


TREND REVISIONS


Trend estimates are likely to be revised when new seasonally adjusted estimates become available. For further information see Explanatory Notes 9 and 10.

The graph below presents the effect of two possible scenarios on the previous trend estimates.

1The April 2004 seasonally adjusted estimate of total vehicle sales is higher than the March 2004 seasonally adjusted estimate by 4.0%.
2The April 2004 seasonally adjusted estimate of total vehicle sales is lower than the March 2004 seasonally adjusted estimate by 4.0%.

The percentage change of 4.0% was chosen because the average absolute percentage change over the last 9 years has been 4.0%.





SUMMARY - TREND AND SEASONAL ANALYSIS


Graph - New Motor Vehicle Sales, Total Vehicles - Long Term


Graph - New Motor Vehicle Sales, Total Vehicles - Short Term


Table 1: New Motor Vehicle Sales

Passenger vehicles (No.)
Other vehicles (No.)
Total vehicles (No.)
Change Passenger vehicles (%)
Change Other vehicles (%)
Change Total vehicles (%)

Original

2003January
40,015
21,155
61,170
-11.7
-6.6
-10.0
February
43,677
23,058
66,735
9.2
9.0
9.1
March
49,921
26,192
76,113
14.3
13.6
14.1
April
44,602
24,263
68,865
-10.7
-7.4
-9.5
May
49,646
28,616
78,262
11.3
17.9
13.6
June
57,086
34,972
92,058
15.0
22.2
17.6
July
51,450
28,071
79,521
-9.9
-19.7
-13.6
August
49,869
26,304
76,173
-3.1
-6.3
-4.2
September
51,749
26,042
77,791
3.8
-1.0
2.1
October
52,180
27,045
79,225
0.8
3.9
1.8
November
48,482
27,630
76,112
-7.1
2.2
-3.9
December
49,834
27,952
77,786
2.8
1.2
2.2
2004January
40,715
24,082
64,797
-18.3
-13.8
-16.7
February
47,876
28,001
75,877
17.6
16.3
17.1
March
53,728
32,318
86,046
12.2
15.4
13.4

Seasonally Adjusted

2003January
47,143
25,671
72,814
10.7
16.2
12.6
February
46,785
24,928
71,713
-0.8
-2.9
-1.5
March
48,359
25,723
74,082
3.4
3.2
3.3
April
48,986
26,248
75,234
1.3
2.0
1.6
May
50,113
26,800
76,913
2.3
2.1
2.2
June
50,320
27,241
77,561
0.4
1.6
0.8
July
49,867
27,714
77,581
-0.9
1.7
0.0
August
51,235
27,262
78,497
2.7
-1.6
1.2
September
53,130
27,620
80,750
3.7
1.3
2.9
October
49,178
27,647
76,825
-7.4
0.1
-4.9
November
48,354
28,254
76,608
-1.7
2.2
-0.3
December
46,063
27,073
73,136
-4.7
-4.2
-4.5
2004January
49,401
29,830
79,231
7.2
10.2
8.3
February
50,169
29,612
79,781
1.6
-0.7
0.7
March
49,364
29,968
79,332
-1.6
1.2
-0.6

Trend

2003January
46,874
25,097
71,971
1.1
0.9
1.1
February
47,518
25,425
72,943
1.4
1.3
1.4
March
48,195
25,839
74,034
1.4
1.6
1.5
April
48,889
26,273
75,162
1.4
1.7
1.5
May
49,655
26,692
76,347
1.6
1.6
1.6
June
50,474
27,108
77,582
1.6
1.6
1.6
July
51,082
27,437
78,519
1.2
1.2
1.2
August
51,237
27,640
78,877
0.3
0.7
0.5
September
50,920
27,765
78,685
-0.6
0.5
-0.2
October
50,296
27,931
78,227
-1.2
0.6
-0.6
November
49,604
28,192
77,796
-1.4
0.9
-0.6
December
49,063
28,554
77,617
-1.1
1.3
-0.2
2004January
48,787
28,968
77,755
-0.6
1.4
0.2
February
48,732
29,386
78,118
-0.1
1.4
0.5
March
48,776
29,745
78,521
0.1
1.2
0.5

Table 2: New Motor Vehicle Sales by State/Territory of Registration

NSW (No.)
Vic. (No.)
Qld (No.)
SA (No.)
WA (No.)
Tas. (No.)
NT (No.)
ACT (No.)
Aust. (No.)

Original

2003January
20,648
16,490
11,632
3,988
5,762
1,025
534
1,091
61,170
February
21,965
18,152
12,956
4,754
6,164
1,069
582
1,093
66,735
March
25,541
20,408
14,843
5,147
6,917
1,218
769
1,270
76,113
April
23,588
18,368
13,386
4,507
5,948
1,177
728
1,163
68,865
May
26,259
21,053
14,967
5,273
7,127
1,454
789
1,340
78,262
June
31,168
24,132
18,084
6,089
8,662
1,549
866
1,508
92,058
July
26,983
21,248
15,716
5,298
6,973
1,407
635
1,261
79,521
August
25,391
19,799
15,248
5,263
7,048
1,589
555
1,280
76,173
September
25,738
21,200
15,293
5,222
6,894
1,639
593
1,212
77,791
October
25,533
21,337
15,521
5,430
7,487
2,008
607
1,302
79,225
November
25,099
20,254
15,058
5,214
6,925
1,717
630
1,215
76,112
December
25,113
21,071
15,265
5,404
7,161
1,860
593
1,319
77,786
2004January
21,216
16,857
13,403
4,334
6,249
1,193
498
1,047
64,797
February
24,955
19,727
15,901
5,059
7,113
1,297
686
1,139
75,877
March
28,118
22,137
18,611
5,561
8,086
1,343
912
1,278
86,046

Seasonally Adjusted

2003January
24,591
19,760
13,818
4,852
6,594
1,295
665
1,239
72,814
February
24,002
19,517
13,677
4,981
6,456
1,267
644
1,169
71,713
March
24,647
20,097
14,488
4,992
6,586
1,341
690
1,241
74,082
April
25,630
20,217
14,525
5,094
6,422
1,385
695
1,266
75,234
May
25,718
20,797
14,846
5,113
7,044
1,424
685
1,286
76,913
June
25,994
21,069
14,632
5,113
7,291
1,492
661
1,309
77,561
July
25,729
20,766
15,392
5,198
7,132
1,472
648
1,244
77,581
August
26,362
20,451
15,727
5,330
7,173
1,579
600
1,275
78,497
September
27,369
21,183
15,890
5,395
7,312
1,621
684
1,296
80,750
October
24,627
20,062
15,649
5,328
7,272
1,987
633
1,267
76,825
November
24,758
20,317
15,659
5,256
7,100
1,641
642
1,235
76,608
December
23,950
19,743
14,310
5,111
6,884
1,273
634
1,231
73,136
2004January
26,233
20,692
16,298
5,322
7,292
1,535
636
1,223
79,231
February
26,378
20,845
16,679
5,222
7,196
1,520
734
1,207
79,781
March
25,979
20,608
16,872
5,204
7,298
1,398
794
1,179
79,332

Trend

2003January
24,286
19,633
13,719
4,765
6,444
1,275
654
1,195
71,971
February
24,567
19,850
13,946
4,888
6,510
1,300
668
1,214
72,943
March
24,879
20,102
14,205
4,991
6,609
1,335
677
1,236
74,034
April
25,209
20,349
14,485
5,069
6,744
1,369
679
1,258
75,162
May
25,598
20,578
14,771
5,130
6,905
1,413
676
1,276
76,347
June
26,026
20,785
15,080
5,187
7,064
1,479
668
1,293
77,582
July
26,329
20,901
15,344
5,240
7,185
1,555
661
1,304
78,519
August
26,389
20,892
15,495
5,283
7,239
1,622
651
1,306
78,877
September
26,228
20,790
15,534
5,305
7,229
1,660
641
1,298
78,685
October
25,966
20,660
15,535
5,301
7,185
1,658
639
1,283
78,227
November
25,717
20,555
15,567
5,279
7,151
1,620
644
1,263
77,796
December
25,567
20,500
15,692
5,251
7,147
1,561
659
1,240
77,617
2004January
25,554
20,487
15,923
5,230
7,159
1,501
681
1,220
77,755
February
25,641
20,509
16,211
5,215
7,183
1,451
707
1,201
78,118
March
25,754
20,522
16,503
5,204
7,209
1,408
733
1,188
78,521