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Cost of living no roadblock as car sales smash record

THAILAND MOTOR EXPO 2023

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

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.


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By Greg Dyett

Presented by Annalyn Violata

Source: SBS




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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.


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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