9314.0 - Sales of New Motor Vehicles, Australia, Feb 2003  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 19/03/2003   
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MEDIA RELEASE

March 19, 2003
Embargoed: 11:30 AM (AEST)
28/2003

Another Month of Trend Growth

The trend estimate for new motor vehicle sales increased by 0.8% in February 2003 compared with January 2003. This is the fourth consecutive month of trend increases. Passenger vehicle sales continued eight months of positive growth with an increase of 0.8% in February 2003 compared with January 2003.

All states and territories recorded increases in the trend series for sales of new motor vehicles in February 2003. South Australia had the highest growth with 2.8%.

Seasonally adjusted estimates decreased by 8.0% in February 2003 compared with January 2003 following unusually high January 2003 sales. The seasonally adjusted sales of new motor vehicles have returned to September 2002 levels. Seasonally adjusted sales of passenger and other vehicles decreased 5.8% and 11.8% respectively between January 2003 and February 2003.


Sales of New Motor Vehicles, February 2003

NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Vehicle Sales
Seasonally Adjusted
23,770
19,372
13,648
5,110
6,444
1,271
674
1,171
71,460
Trend
23,893
19,567
13,365
4,921
6,429
1,257
660
1,204
71,296

Percentage change from previous month
Seasonally Adjusted
-10.2
-8.0
-6.2
-2.4
-7.7
-6.5
0.1
-13.8
-8.0
Trend
0.7
0.6
0.6
2.8
1.0
0.6
2.0
0.5
0.8

Percentage change from previous year
Seasonally Adjusted
-0.5
4.8
5.7
14.0
0.0
-2.6
5.6
-3.4
3.0
Trend
-0.5
4.6
6.2
14.8
3.8
-1.4
3.9
4.2
3.5
This publication draws on new motor vehicle sales data provided by the Federal Chamber of Automotive Industries (FCAI).


Media please note:

Further details are in Sales of New Motor Vehicles, Electronic Publication, (cat. no. 9314.0)