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Source: Roy Morgan Single Source (Australia), January 2002 – August 2017, 3 ages affective average. Quarterly sample n= 13,320 Australians 14 .

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New analysis from Roy Morgan shows 2.457 actor Australians intend to acquirement a new car in the abutting four years. This is an access of 53,000 from July and is alone hardly lower than the fifteen year aerial recorded in February 2017.

These are the latest after-effects from Roy Morgan’s ‘Automotive Currency Report’ which is based on a analysis of over 50,000 consumers per annum.

Car intenders added confident

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In accession to 4 year car affairs ambition actuality abutting to a almanac with 2.457 million, abbreviate appellation new car affairs ambition has additionally increased. The cardinal of Australians intending to acquirement a new car in the abutting 12 months has now added by 9.2% over the aftermost division to 679,000.

New Car Acquirement Intention: August 2017

Source: Roy Morgan Single Source (Australia), January 2002 – August 2017, 3 ages affective average. Quarterly sample n= 13,320 Australians 14 .

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A above disciplinarian of added intentions over the abutting 12 months is that this accumulation has a abundant college akin of customer aplomb than the citizenry average. Over the August quarter, the customer aplomb akin for all Australians was 113.1, admitting those intending to acquirement a new car in the abutting 12 months had a abundant college aplomb akin with 125.2.

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Norman Morris, Industry Communications Director, Roy Morgan Analysis says:

“Over the aftermost three months, there has been ample optimism in the new car bazaar as apparent by the abiding access in affairs intentions for the abutting four years and able aplomb amid new car buyers. Although VFacts sales to August are alone up hardly on aftermost year, able ambition levels announce that it is acceptable to be addition acceptable year for the industry.

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“The access in new agent intentions over the aftermost three months has been apprenticed primarily from the connected bazaar trend to SUV’s, with an access of 84,000, advancing mainly from average SUV’s. Light commercials were the added big mover, accretion by 41,000, while commuter agent intentions remained unchanged.

“Not all brands aggregate in this ascent market, with the above advance advancing from Toyota up 45,000, Mitsubishi up 44,000, Kia up 35,000, VW up 22,000 and Skoda up 18,000.

“Analysis application Roy Morgan’s Helix Personas analysis has apparent that the better assets accept been amid three assorted groups-Leading Lifestyles, the best flush group; Today’s Families and Battlers. These three groups accept actual altered cast and amount preferences, which can be analysed in detail application the all-encompassing abstracts covered in the Roy Morgan Single Source survey.”

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For comments or added advice about Roy Morgan Research’s Automotive Currency Report, amuse contact:

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Norman Morris, Industry Communications DirectorOffice: 61 (3) 9224 [email protected]

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