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Strong August sales see four Chinese brands in the top ten list for the first time

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Manage episode 505049347 series 2343685
Content provided by Nine Radio and Radio 2GB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Radio 2GB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Last month’s official new car sales figures released this week reflect the second-best August on record with 103,922 vehicles registered. Of these, 23,225 or nearly a quarter were Chinese-made – BYD, GWM, MG and Chery making it into the top ten sales list. Petrol vehicles still dominated with 38,515 sales followed by diesel with 30,459 while hybrids continue their march posting 17,381. Battery electric vehicles accounted for 10,231, or around 9.8 percent of the market while plug-in hybrids tallied 3,906. SUVs continue to gain market share, now representing 60 per cent of sales while passenger cars continue to lose ground, down 25 percent compared to the same time last year. What is clear, consumers have a growing number of choices in the automotive market, more than 400 models, around 100 of which are EVs.

See omnystudio.com/listener for privacy information.

  continue reading

103 episodes

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iconShare
 
Manage episode 505049347 series 2343685
Content provided by Nine Radio and Radio 2GB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Radio 2GB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Last month’s official new car sales figures released this week reflect the second-best August on record with 103,922 vehicles registered. Of these, 23,225 or nearly a quarter were Chinese-made – BYD, GWM, MG and Chery making it into the top ten sales list. Petrol vehicles still dominated with 38,515 sales followed by diesel with 30,459 while hybrids continue their march posting 17,381. Battery electric vehicles accounted for 10,231, or around 9.8 percent of the market while plug-in hybrids tallied 3,906. SUVs continue to gain market share, now representing 60 per cent of sales while passenger cars continue to lose ground, down 25 percent compared to the same time last year. What is clear, consumers have a growing number of choices in the automotive market, more than 400 models, around 100 of which are EVs.

See omnystudio.com/listener for privacy information.

  continue reading

103 episodes

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