Antonella Abbate • 9 April 2024

Australian New Vehicle Sales Reach Record High in March 2024

In a testament to the resilience of the automotive industry, Australia's new vehicle sales have surged to unprecedented levels, surpassing previous records set in March 2018. The latest figures for March 2024 demonstrate a remarkable resilience and a strong consumer appetite for new vehicles, defying earlier concerns about economic uncertainties and supply chain disruptions.

The automotive sector has long been considered a barometer of economic health, reflecting consumer confidence and spending patterns. The continued strength in new vehicle sales is indicative of the underlying stability and optimism within the Australian economy, despite global challenges and fluctuations in various sectors.


According to data released by the Federal Chamber of Automotive Industries (FCAI), March 2024 saw a significant uptick in new vehicle sales across the country, with figures exceeding expectations and setting a new benchmark. This surge not only represents a revival from the challenges faced in recent years but also signifies a robust rebound for the automotive industry.


One of the most striking aspects of this achievement is the comparison with March 2018, which was previously hailed as a standout month for new vehicle sales. Surpassing the sales figures of March 2018 is a remarkable feat, underscoring the sustained growth and resilience of the Australian automotive market despite intervening challenges.


Several factors have contributed to this remarkable performance in new vehicle sales. Firstly, ongoing improvements in economic conditions, including low-interest rates and a strong labor market, have bolstered consumer confidence and purchasing power. Additionally, the gradual easing of COVID-19 restrictions has unleashed pent-up demand, with consumers eager to upgrade their vehicles or make long-delayed purchases.


Furthermore, the automotive industry's response to evolving consumer preferences and technological advancements has played a pivotal role in driving sales growth. The introduction of innovative models, enhanced safety features, and a greater focus on sustainability and electric vehicles has resonated with Australian consumers, spurring increased interest and adoption.


Another key factor behind the surge in new vehicle sales is the resilience and adaptability demonstrated by automotive manufacturers and dealerships in navigating supply chain disruptions and logistical challenges. Despite global shortages of semiconductors and other components, industry stakeholders have managed to mitigate the impact on production and distribution, ensuring a steady supply of vehicles to meet growing demand.


Looking ahead, the outlook for Australia's automotive industry remains optimistic, albeit with some cautionary notes. While the March 2024 figures are undoubtedly encouraging, challenges such as supply chain disruptions, inflationary pressures, and geopolitical uncertainties persist. Moreover, the transition towards electric and autonomous vehicles presents both opportunities and challenges for traditional automakers, requiring strategic investments and adaptation to changing market dynamics.


In conclusion, the record-breaking new vehicle sales figures for March 2024 underscore the resilience, adaptability, and enduring appeal of Australia's automotive industry. Despite facing numerous challenges, the sector has demonstrated remarkable strength and resilience, buoyed by improving economic conditions, evolving consumer preferences, and proactive industry initiatives. As the automotive landscape continues to evolve, stakeholders must remain agile and forward-thinking to capitalize on emerging opportunities and navigate potential pitfalls, ensuring sustainable growth and prosperity for the industry as a whole.

Australia’s EV Love Affair Accelerates – and China is Leading the Charge

by Antonella Abbate • 25 May 2026
Across the Tasman this week, Chinese automotive giant BYD confirmed that almost 5,000 electric and plug-in hybrid vehicles are currently bound for Australia aboard its own dedicated vehicle carrier, the BYD Zhengzhou. The shipment, carrying 4,810 vehicles, marks the first Australian voyage of one of BYD’s purpose-built roll-on/roll-off vessels and is expected to dock in Melbourne before continuing to Sydney and Brisbane. What makes this story significant is not simply the size of the shipment, but what it says about the Australian market. BYD has already announced plans to bring an additional 30,000 new-energy vehicles to Australia in the coming months as demand for electric vehicles and hybrids continues to surge. For decades, Australian motorists were among the most loyal supporters of Japanese manufacturers, with brands from Toyota, Mazda, Mitsubishi, Nissan and Honda dominating local driveways. Few industry observers would have predicted that Chinese brands would achieve such rapid acceptance. Yet Australian consumers have embraced brands such as BYD, MG, GWM, Chery, Geely, Zeekr and others with remarkable speed, treating many of them as though they have been established players for generations. Australia’s transition mirrors trends seen throughout Europe and North America, where consumers are increasingly seeking lower running costs, improved technology, longer warranties and electrified drivetrains. The difference in Australia is that much of this growth is being driven by Chinese manufacturers rather than traditional Western brands. Affordability, strong specifications, competitive warranty programs and rapid product development have reshaped buyer perceptions almost overnight. BYD’s decision to deploy its own shipping fleet to Australia is perhaps the clearest signal yet that global manufacturers now view Australia as a strategic growth market. When a manufacturer is prepared to invest in dedicated logistics to deliver thousands of vehicles directly to Australian customers, it demonstrates confidence not only in its products but also in the appetite of Australian motorists for electrified transport. The message is simple: Australia's EV and hybrid revolution is no longer coming—it has arrived, and Chinese manufacturers are playing a leading role in shaping the next chapter of the nation's automotive landscape.

Australian Refrigeration Council (ARC) announces new appointments

by Antonella Abbate • 25 May 2026
Mr Lamb brings decades of diverse leadership experience across various sectors, both domestically and internationally. Most recently, he served as the Chief Executive Officer of the Murray-Darling Association. Previously, Mr Lamb has held several executive roles with distinct peak body organisations, where he worked closely with government and industry. During his tenure, assisted many organisations to transition into new strategies and methodologies. With his notable experience, he is well positioned to lead the ARC at a time when the refrigeration and air conditioning (RAC) industry is growing at a rapid pace. Mr Lamb succeeds Glenn Evans, who concluded his tenure in December 2025 after 17 years of service. ARC Chair Dr Greg Picker said he was pleased to welcome Mr Lamb to mark the next phase for the Council, which leads national governance of the RAC (also known as ARCtick) Permit Scheme. “The Board is pleased to appoint Mark Lamb as our new CEO. We look forward to working with him as we continue to deliver the ARCtick permit scheme and improve our service to industry. His passion and experience in leading peak body organisations perfectly aligns with the ARC’s priorities at this time and our vision for the future,” Dr Picker said. “It is a crucial time for the industry, and the Board is confident Mark will help us build on our momentum and continue deliver meaning outcomes for the ARC and the broader industry.”  Commenting on his appointment, Mr Lamb said, “I am thrilled to be given this opportunity to play this significant role, not just at the Australian Refrigeration Council, but in the refrigeration and air conditioning industry.

BWM's Milestone

by Antonella Abbate • 25 May 2026
For a company long associated with precision internal combustion performance engines and premium driving dynamics, the production of BMW Group’s two millionth fully electric vehicle is far more than a symbolic milestone. It represents a major industrial transition within one of Europe’s most engineering-driven automotive manufacturers.