The ABS released the New Motor Sales statistics to November 2014 today. The trend estimate (92 324) has decreased by 0.2% when compared with October 2014. The trend estimate for year to date has new vehicle sales reaching the one million mark. The November 2014 seasonally adjusted estimate (91 869) has decreased by 0.6% when compared with October 2014.
When comparing national trend estimates for November 2014 with October 2014, sales of Passenger and Other vehicles decreased by 0.5% and 0.7% respectively. Over the same period, Sports utility vehicles increased by 0.4%. When comparing seasonally adjusted estimates for November 2014 with October 2014, sales of Passenger and Other vehicles decreased by 1.1% and 2.3% respectively. Over the same period, Sports utility vehicles increased by 1.3%.
Five of the eight states and territories experienced a decrease in new motor vehicle sales when comparing November 2014 with October 2014. Western Australia recorded the largest percentage decrease (1.3%), followed by both Queensland and the Australian Capital Territory (0.6%). Over the same period, the Northern Territory recorded the largest increase in sales of 0.7%. Five of the states and territories experienced a decrease in new motor vehicle sales when comparing November 2014 with October 2014. Western Australia recorded the largest percentage decrease (2.2%) followed by New South Wales (2.0%) and the Northern Territory (1.2%). Victoria and the Australian Capital Territory both recorded an increase of 1.7%.
