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VFACTS May 2021: New-car sales results continue to show signs of recovery

- shares New-car sales continue to show signs of a strong recovery as the Australian economy bounces back from coronavirus lockdowns and border restrictions imposed through much of last year. Official new-car sales figures for May 2021 released today show demand for new motor vehicles has returned to pre-COVID19 levels, but it was the second-best May result rather than a record. A total of 100,809 new vehicles were reported as sold in May 2021, an increase of 68.3 per cent compared to the disastrous May 2020 result posted in the grip of the coronavirus crisis. May was only the second month this year to eclipse 100,000 new-car sales, and it was the third time in three years May has been in six-figure territory.

VFACTS March 2021: New-car sales results, market recovery slowed by severe stock shortages

- shares Demand for new cars continued their recovery across Australia for the fifth month in a row, with official March results released today showing steady growth as the Toyota HiLux and Ford Ranger continued to lead the charts and utes filled four of the Top 10 positions. However, despite the positive signs, dealers say the figures could have been much higher – and they are taking more orders than they have cars to deliver – if not for severe stock shortages of popular models due to a global parts shortages caused by the coronavirus crisis. March is historically the second-biggest month for new-car sales – after June – as the end of the Japanese financial year customarily sparks a sales push from most Top 10 brands who are trying to hit targets or forced to respond to sharp deals from Japanese rivals.

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