One million new cars sold in 2021 despite year-end whimper

author-avatar By
on January 06, 2022 Fact Checked
One million new cars sold in 2021 despite year-end whimper

Car sales in December declined compared to the same month in 2020, marking three consecutive months of falls.

Just over 78,000 new cars were sold in December, an 18% decline on December 2020 figures.

In total, however, 1,049,831 new cars were sold in 2021 - a 14.5% increase compared to 2020, according to the Federal Chamber of Automotive Industries' 'VFACTS' report.

Chamber chief Tony Weber said this was a positive in the context of lockdowns and supply chain issues.

"Despite the pandemic restricting access to showrooms in 2021, Australian consumers found ways to purchase new vehicles and did so in solid numbers," Mr Weber said.

"The global shortage of microprocessors, compounded by the pandemic, had an impact on the number of cars sold throughout Australia.

"Automotive manufacturers are continuing to work to strengthen supply chains in 2022."

The year of the weekend warrior

SUVs made up more than half of all new vehicles sold in 2021, totalling 531,700 units - a 16.9% increase on 2020.

Light commercial vehicles (utes) totalled 253,254 sales - a 23.2% increase on 2020 figures.

Together they made up nearly three quarters of new cars sold through the year.

In contrast passenger cars (sedans, hatchbacks) totalled just 221,556 units - a 0.2% decline on 2020.

Bumper year for electric vehicle sales 

There was a 191.1% increase in electric vehicles sold in 2021 compared to 2020 for a total of 3,380 units sold.

"While this number may appear impressive, it is important to note that overall electric vehicle sales as reported through VFACTS account for just 0.49% of the total market share," Mr Weber said.

"In this context, we must recognise the policy objective should be to lower our CO2 emissions rather than meeting sales targets of particular types of technology.

"Give us the target and we will give you the technology mix to get there."

Top 10 selling vehicles - December 2021

  1. Ford Ranger - 4,164 units
  2. Toyota Hilux - 3,821
  3. Toyota RAV4 - 2,998
  4. Hyundai i30 - 2,241
  5. Toyota Prado - 2,204
  6. Mazda CX-5 - 2,148
  7. Isuzu D-MAX Ute - 2,010
  8. MG ZS - 1,980
  9. Toyota Landcruiser - 1,752
  10. Mitsubishi Triton - 1,751

Advertisement

In the market for a new car? The table below features green car loans with some of the lowest interest rates on the market for low-emissions vehicles.

Lender
Advertised rate Comparison rate* Monthly repayment Interest TypeVehicle TypeMaximum Vehicle AgeOngoing FeeApplication FeeTotal RepaymentEarly RepaymentInstant ApprovalOnline Application

FixedNew1 yearMore details

Green Car Loan

FixedNew2 yearsMore details
QUICK APPLICATION PROCESS WITH NO FEES

New Vehicle Fast Loan Low Rate

  • Quick application process and no monthly fees
  • Low fixed interest rates with terms of up to seven years
  • New car loans cover cars up to 3 years old
QUICK APPLICATION PROCESS WITH NO FEES

New Vehicle Fast Loan Low Rate

  • Quick application process and no monthly fees
  • Low fixed interest rates with terms of up to seven years
  • New car loans cover cars up to 3 years old
FixedNew1 yearMore details
No ongoing fees

Plenti Car Loan

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Can apply online
No ongoing fees

Plenti Car Loan

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Can apply online
FixedNew, Used5 yearsMore details

Fixed Car Loan (with Low Emission Vehicle discount)

Base criteria: fixed and secured car loans for 'low emission' cars. Data accurate as at 01 September 2020. Rates based on a loan of $30,000 for a five-year loan term. Products sorted by advertised rate. Repayments are calculated based on advertised rates. *The Comparison rate is based on a $30,000 loan over 5 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of January 17, 2022. View disclaimer.


Photo by Jan Kopriva on Pexels

Disclaimers

The entire market was not considered in selecting the above products. Rather, a cut-down portion of the market has been considered. Some providers' products may not be available in all states. To be considered, the product and rate must be clearly published on the product provider's web site. Savings.com.au, yourmortgage.com.au, yourinvestmentpropertymag.com.au, and Performance Drive are part of the Savings Media group. In the interests of full disclosure, the Savings Media Group are associated with the Firstmac Group. To read about how Savings Media Group manages potential conflicts of interest, along with how we get paid, please visit the web site links at the bottom of this page.

Latest Articles

author-avatar
Harrison is Savings.com.au's Assistant Editor. Prior to joining Savings in January 2020, he worked for some of Australia's largest comparison sites and media organisations. With a keen interest in the economy, housing policy, and personal finance, Harrison is passionate about breaking down complex financial topics for the everyday consumer.

Collections:

Be Savings smart.
Subscribe for free money newsletters.

By subscribing you agree to the Savings Privacy Policy