Country Overview
Australia covers a large territory of over 7.7 million square meters, the 6th wider globally. The 21.7 million Aussies are among the richest in the world, with a pro capita GDP in the 2011 of $ 41.000, the world’s 18th .
Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, copper, gold, natural gas, uranium and renewable energy sources. The country is the 19th globally as national GDP (over $918 billion in 2011), with low level of unemployment (5% in 2011), not high inflation (3.1% in 2011) and low level of revenues taxation (31.1% in 2011).
Automotive Industry
The Automotive industry is relatively marginal in the country economy, representing only the 1.9% of national GDP (in 2010). The sector gives employment to 372.000 people (2011) of which 59.000 in manufacturing. Local production achieved a record at 400.000 units in 2004 to decline at 250.000 actually.
The import duties over car sector are the lowest in the world –actually at 5% (as reference considers that in European Community are at 10%, in China at 25%, in Brazil at 35% and in India at 100%).
Australian car industry is in the “Over 1 million Club”, the esclusive group of the top 14th countries. In the 2011, with 1.008.000, Australia was the world’s 14th market.
Pushed by private consumer's demand, Australian car market grew 7.7% in April 2013 with a first four months growth of 5.6% from last year. Holden recovered the second place, while Ford performed a robust share increase.
Following a strong start, March represented a step back for the Australian car market which was flat from last year, reducing the year-to-date gain at 5.0%. Holden confirmed its hard time, dropping in 5th place with Commodore out of Top 10.
In February 2013, car sales statistics were positive again in Australia, where the light passengers market grew by 5.2%, posting the 14th year-on-year increase in a string. Year-to-date sales were up 8.2%. In spite of recovering a couple of points of share Toyota was struggling again.
In Australia 2013 started confirming the strong momentum of the car market posting a 14.8% increase from last year. The market leader, Toyota, had lost 6.7 points under the attack of Mazda, Holden. Ford and Hyundai.
The 2012 will remain memorable for the Australian car market posting the new all-time record thanks to a progress of 9.5% from the 2011. In December the market was up 14.8%. While Toyota reinforced the share, Mazda3 was the best model as in 2011.
2012 will be the record year in Australia for the previous year, including November when sales rose 10.9%. The year-to-date volume was up 9.0%. Honda in 10th place posted a great performance, gaining 1.1 points while Volkswagen suffered Golf short supply.
The Aussie car market run towards the best ever year continued in October, when sales were up 12.2%. The year-to-date Australian car market sales were up 8.8%. While Toyota and Holden confirmed their leadership, Ford surged in 3rd position.
In September, Australian car market posted 94.627 sales, up 9.0% from last year, posting the 9th year-on-year increase in a string. Year-to-date sales were 815.735, up 8.5%. Mazda in 2nd position was the winner of the month. Honda was the loser.
The Australian car market maintained the momentum in August with 93.552sales, up 6.2% from last year. The year-to-date August sales were 721.000, up 8.4%. Holden was 2nd with a share of 12.0%, while Toyota and Mazda struggled.
The Australian car market in on fire and June sales confirmed the trend with 109.940 units, up 14.3% from last year. The year-to-date sales in June were 543.000, up 9.4% from last year. Volkswagen posted record share.
The Australian car industry momentum continued in May with 93.866 units sold, up 21.3% from last year. The year-to-date sales in May were 432.975, up 8.2% from last year. Now the full year 2012 is projected at an all-time record.
Australian car industry momentum continued in April when 79.097 units were sold, up 6.6% from last year. The year-to-date sales in April were 339.219, up 5% from last year. Toyota consolidated its leadership, achieving 21.5% market share.
March confirms the positive trend for car industry in Australia. The 97.616 registrations represents a +3.9% over last year, the third positive month in a row. Cumulate sales for first quarter are 260.122, 5% up.
Australia's abundant and diverse natural resources attracts high levels of foreign investment and includes extensive reserves of coal, iron ore, copper, gold, natural gas, uranium, and renewable energy sources. The country is the 19th globally as national GDP (over $918 billion in 2011).