What are the most popular automobiles in Australia The results for 2020 have been released.
The days of Holden vs. Ford are long gone. It's all about the SUV vs. the great Australian ute these days. So, what sort of vehicle topped the list in 2020?
Let’s go back in time a little.
It’s the year 2000: we’ve avoided Y2K (phew! ), you can still picture your kids sitting next to the pilot, and you can only be a fan of Peter Brock (Holden) or Dick Johnson (Ford).
The Holden Commodore and Ford Falcon were our two most popular automobiles back then, but both have been phased out in recent years.
What a difference a generation makes, huh?
So, what will be the most popular vehicle in 2020?
It’s all about the SUV these days, which is becoming increasingly popular.
In fact, according to the Federal Chamber of Automotive Industries, SUVs will account for 49.6% of the market in 2020, up from 45.5 percent in 2019. (FCAI).
LCVs, primarily utes and vans, were also popular in 2020, accounting for 22.4 percent of the market.
The federal government’s fast asset write-off plan – now enlarged to ‘temporary full expensing’ – which allows firms to instantly deduct the business part of the cost of qualified new depreciating assets boosted sales for this vehicle type.
In 2020, what will be the most popular brands and models?
Toyota was the year’s best-selling brand, with 204,801 vehicles sold and a stunning 22.3 percent market share in Australia, according to the FCAI.
Mazda came in second (85,640 sales, or 9.3% market share), followed by Hyundai (64,807 sales for 7.1 percent market share).
Ford came in fourth place (59,601 sales, or 6.5 percent market share), just ahead of Mitsubishi (58,335 sales for 6.4 percent market share).
It’s worth noting that seven of the top 10 vehicles for the year were SUVs or light commercial vehicles.
So, without further ado, here are the top-selling automobiles for 2020:
- Toyota HiLux (45,176 sales)
- Ford Ranger (40,973)
- Toyota RAV4 (38,537)
- Toyota Corolla (25,882)
- Toyota Landcruiser (25,142)
- Mazda CX-5 (21,979)
- Hyundai i30 (20,734)
- Mitsubishi Triton (18,136)
- Toyota Prado (18,034)
- Kia Cerato (17,559).
Have you set your sights on a particular vehicle?
Please contact us if you’re considering buying a new vehicle and want to learn more about your financing options.
If you’re a business owner who has to use the car for work, you may be eligible to take advantage of the federal government’s ‘temporary full expensing’ program, which is aimed to aid your company’s cash flow.
Please contact us immediately to learn more; we’d love to assist you in getting on the road with a new pair of wheels.
To learn more, contact Premium Finance Group Australia at (07) 4720 8888 or email us at firstname.lastname@example.org
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