Australia new vehicle sales slip again in Oct - industry

Tue Nov 5, 2013 7:59pm EST

SYDNEY, Nov 6 (Reuters) - Sales of new vehicles in Australia
slipped for a second consecutive month in October with the
passenger and light commercial sectors suffering the biggest
drops, industry data showed on Wednesday.
    Total vehicle sales in October were 92,603, down 3.1 percent
on last year's 95,584, according to the Australian Federal
Chamber of Automotive Industries' VFACTS report.
    October sales of passenger cars dropped 4.6 percent from the
same month a year earlier, while sales of light commercial
vehicles fell 5.9 percent.
    The sports utility sector was the only one to show growth,
with sales up 1.7 percent on October last year.
    Sales were flat in absolute numbers when compared with
September, though adjusted for seasonal factors they fell 3.2
percent, according to VFACTS.
    For the first nine months of 2013, sales were 2.6 percent
ahead of the same period last year. On an annualised basis,
though, the 1.133 million vehicles sold represented a fractional
drop.
    For October alone, Toyota Motor Corp retained first
place on the sales ladder with an improved market share of 19.6
percent. The local Holden unit of General Motors Co took
second spot with 11.4 percent.
    Hyundai Motor Co kept third spot with 8.8
percent, pipping Mazda Motor Corp at 8.6 percent. Ford
Motor Co again trailed with 8.1 percent.
    
    Details of the VFACTS report in original terms:
               Oct      Sep    m/m pct   Oct/12  y/y pct     
    Sales     92,603   92,662    0.0     95,584   -3.1 


    Sales by Type:         Oct '13/Oct '12 Volumes        
                            Change    Pct Change          
    Passenger Vehicles      -2,264       -4.6        
    Sports Utility            +433       +1.7    
    Light Commercial        -1,046       -5.9 
    Heavy Commercial          -104       -3.6
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