VFACTS April 2023: Toyota sales slump continues, new-car market posts weakest month this year

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  • VFACTS April 2023: Toyota sales slump continues, new-car market posts weakest month this year

High interest rates, shipping bottlenecks, and ongoing production slowdowns continue to apply the brakes on new-car sales in Australia, official figures for April 2023 released today show.


Deliveries of new motor vehicles made a modest recovery in April 2023 – after slumping in March due to shipping bottlenecks triggered by a spike in biosecurity breaches on car-carrying ships – but the automotive industry is not popping champagne corks just yet.

New-car buyers…

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