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9314.0 - Sales of New Motor Vehicles, Australia, Dec 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2004   
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MEDIA RELEASE

January 21, 2004
Embargoed: 11:30 AM (AEST)
2004

Trend in new motor vehicle sales still slowing

The trend estimate for sales of new motor vehicles fell by 1.4% to 76,058 in December 2003 compared with November 2003. The trend estimate has fallen over the last four months following more than 12 months of consecutive growth.

Growth in the trend estimate of 6.7% was recorded for December 2003 when compared with December 2002. Sales of passenger vehicles increased by 4.5% and sales of other vehicles increased by 10.9% over the period.

The trend estimate for December 2003 fell when compared with November 2003, for all states/territories. Tasmania recorded the largest fall (2.6%).

The seasonally adjusted estimate for December 2003 decreased by 4.8% when compared with November 2003. The Australian Capital Territory was the only state/territory which recorded an increase (0.6%).


Sales of New Motor Vehicles, December 2003
NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Vehicle Sales
Seasonally Adjusted
23,917
19,549
14,261
5,083
6,828
1,268
625
1,242
72,773
Trend
24,985
20,183
15,152
5,234
7,021
1,591
633
1,259
76,058

Percentage change from previous month
Seasonally Adjusted
-3.0
-3.7
-8.5
-3.3
-3.6
-23.0
-2.3
0.6
-4.8
Trend
-1.9
-1.1
-1.3
-0.7
-1.0
-2.6
-0.6
-1.0
-1.4

Percentage change from previous year
Seasonally Adjusted
13.8
5.6
17.1
17.5
20.0
15.8
-0.8
10.1
12.7
Trend
3.5
3.7
11.8
12.6
9.7
26.1
-0.6
6.2
6.7
This publication draws on new motor vehicle sales data provided by the Federal Chamber of Automotive Industries (FCAI).

Media please note:

Further details are contained in Sales of New Motor Vehicles, Electronic Publication, (cat. no. 9314.0) available via this website.

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