The ABS released the February 2015 New Vehicle Sales data today. In trend terms, February 2015 (93 432) has increased by 0.2% when compared with January 2015, whilst the seasonally adjusted estimate (95 737) has increased by 2.9% when compared with January 2015.
Sales of Sports utility and Other vehicles increased by 0.7% and 0.1% respectively. Over the same period, Passenger vehicles decreased by 9 units, whilst the seasonally adjusted sales of Passenger and Other vehicles decreased by 0.9% and 0.3% respectively. Over the same period, Sports utility vehicles increased by 10.5%.
Five of the eight states and territories experienced an increase in new motor vehicle sales when comparing February 2015 with January 2015 in trend terms. Tasmania recorded the largest percentage increase (1.7%), followed by Queensland (0.6%) and both Victoria and South Australia (0.3%). Over the same period, Western Australia, the Northern Territory and the Australian Capital Territory all recorded decreases in sales of 0.3%.
All states and territories experienced an increase in new motor vehicle sales when comparing February 2015 with January 2015 in seasonally adjusted terms. The Northern Territory recorded the largest percentage increase (22.4%) followed by South Australia (8.8%) and the Australian Capital Territory (5.9%).
