04 June 2014
TOYOTA DUO SETS THE PACE
Toyota’s Corolla and HiLux were Australia’s best-selling vehicles in May, extending the company’s market-leading sales tally to almost 80,300 vehicles so far this year.
It is the fifth time in the past 14 months that the Toyota duo has achieved the national sales quinella with Corolla prevailing on three of those occasions.
At the same time, Corolla and RAV4 achieved their best-ever May sales.
Corolla was the top-selling vehicle in the country for the third consecutive month, setting an all-time record for May with more than 3,800 sales.
RAV4 sales hit a monthly record for the fifth time in a row with more than 1,500 sold during May.
As a result, RAV4 sales are tracking 31.9 per cent higher in 2014 than at the same stage last year and Corolla sales have lifted 4.4 per cent.
So far this year, Toyota is the leading brand with an overall sales lead of more than 35,800 vehicles over its nearest rival.
Customers have bought close to 80,300 Toyota vehicles while no other company has reached 45,000 sales.
In May, Toyota dealers around Australia delivered more than 17,200 vehicles, giving it a margin of 8,200 sales which is 91.4 per cent ahead of any other brand.
Toyota Australia’s executive director sales and marketing Tony Cramb said the June new-vehicle market is poised for a strong result, ensuring full-year sales remain on target to exceed one million.
“Expectations by the Reserve Bank of Australia (RBA) for a period of interest-rate stability is good news for the auto industry and consumers generally, as is the decision to hold the official cash rate at its record low of 2.5 per cent,” Mr Cramb said.
“The outlook for the rest of the year remains positive with the RBA pointing to signs of improvement in investment intentions for non-mining sectors of the economy as well as low inflation, moderate growth in consumer demand and a strong expansion in housing construction,” he said.