It’s not just new cars seeing a boost in sales this month however, with an Auto Remarketing article stating that used sales surpassed 3 million in March, creating an 11% year-over-year increase. The total came in at just above 3 million, up from 2.7 million a year ago.
Nissan came out on top this year in regards to new car sales with a 20% year-to-date increase, while Holden fell the most, dropping 14.4%. The top ten selling cars of March, according to Car Advice (number of cars sold in parenthesis) were:
- Mazda 3 (3786)
- Toyota HiLux (3552)
- Toyota Corolla (3512)
- Hyundai i30 (2595)
- Nissan Navara (2499)
- Holden Cruze (2335)
- Mitsubishi Triton (1992)
- Toyota Camry (1916)
- Mazda CX-5 (1830)
- Holden Captiva (1660)
The Nissan Pulsar barely took 11th place, with 1644 sales, contributing to Nissan’s incredible gains.
Although the market is up overall, passenger vehicle sales fell 4% from last year, while the SUV market grew an impressive 13%. Some analysts are concerned that this may not be a sustainable trend however, as worry over ever increasing gas prices continues to plague the nation.
All in all it looks to be a positive turn for the automotive industry as trust continues to rise and unemployment rates continue to fall, reaching their newest lows in five years. Increasing car sales sends a strong message to people. It says “The time is right to buy a new car. Prices are good, payments are reasonable, and everything will be fine.”