Cost of living no roadblock as car sales smash record

New car sales in Australia have reached record levels, eclipsing the previous highest sales result in 2017. But while the automotive industry welcomes the record-breaking sales, it's expecting a more subdued market this year.

A Chinese made BYD Seal electric car. Source: EPA / AAP

Key Points

• Over 1.2 million new vehicles [[1,216,780]] were delivered last year.
• Sales of electric vehicles more than doubled in 2023 to reach 7.2 per cent of new car deliveries, up from 3.1 per cent in 2022.
• As Australia looks to its 2030 emission reduction targets, there's pressure on the Albanese government to make good on a promise to introduce laws that will encourage carmakers to produce cleaner vehicles.

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Cost of living no roadblock as car sales smash record in Filipino

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