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VFACTS October: Commodore Up, Camry Down; FBT Changes Scrapped Photo:
 
 
Mike Stevens | Nov, 06 2013 | 9 Comments

A drop in sales for business fleet purchases couldn't stop Holden's Commodore from surging forward in October, experiencing its best month in over two years.

Business sales fell 10.5 percent last month - blamed largely on the former Labor government's Fringe Benefits Tax (FBT) changes - but the Commodore boosted sales by 35.4 percent over October 2012, finding 3315 new parking spaces.

The numbers weren't so kind to Toyota's Camry however, falling 33.4 percent compared to this time last year, making 2251 sales in October.

The Camry's fortunes could change in the coming months however, with Federal Treasurer Joe Hockey confirming again today that the new Coalition government will not honour the FBT changes announced by the previous Labor government earlier this year.

"I declare today that the car industry is back open in Australia... because we are not proceeding with Labor’s flawed proposal to change the rules on FBT for motor vehicles," Mr Hockey said today, while announcing it will scrap a series of other tax changes proposed under the previous government.

Overall, the Australian new car market dipped 3.1 percent to 92,603 sales in October, although year-to-date sales are up 2.6 percent.

Purchases by private buyers increased by 4.4 percent, and Toyota's Corolla remains the best-selling car in Australia, notching up 3861 sales in October.

The outgoing Mazda3, now heavily into runout sales mode, holds second place with 3613 sales, while the Commodore rounds out the top three (3315) in defence of the 'big Australian family car' market.

Toyota's HiLux remains the best-selling light commercial vehicle in Australia and sits in fourth place overall (3172 sales), while the Hyundai i30 remains popular with 2379 sales.

Further down the range is the Camry (2251), Nissan's ageing Navara (1969), the new Volkswagen Golf (1967), Holden's Cruze range and the Mitsubishi Triton.

The SUV market remains hugely popular, with the Jeep Grand Cherokee leading sales in the large category (1378 sales), while the RAV4 owned the midsized segment with a 68.9 percent growth to 1598 sales.

Popular rival - and oft segment leader - the Mazda CX-5 was not far behind however, with 1540 sales.

Toyota was overall the top brand in October with 18,129 sales, followed in distant second by Holden with 10,589 sales.

Hyundai sits in third with 8130 sales, followed by Mazda (7967), Ford (7486), Nissan (5286), Mitsubishi (5071), Volkswagen (4910), Subaru (2860) and Kia (2529).

 
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