The Australian Bureau of Statistics (ABS) has
published the national trend and seasonally adjusted estimates for
the month of April.
The Total New Motor Vehicle Sales trend estimate decreased by
0.1% (84,511) and the seasonally adjusted estimate decreased by
3.5% (84,332) when compared to March 2011 figures.
When looking at sales by type of vehicle, the national trend
estimates for April show sales of passenger vehicles decreased by
0.5%. Sports utility and other vehicles increased by 0.3% and 0.8%
respectively on March 2011 figures. Whilst seasonally adjusted
estimates for April 2011 indicate sales of passenger vehicles
increased by 22 units (0.0%), sports utility and other vehicles
decreased by 9.6% and 5.5% respectively compared to March 2011
Six of the eight states and territories have experienced a
decrease in the trend estimate for new motor vehicle sales when
comparing April 2011 with March 2011. Tasmania recorded the largest
percentage decrease with 2.2%, followed by South Australia (0.9%)
and Victoria (0.6%). Queensland recorded the largest increase of
1.7% over the same period. While in seasonally adjusted terms,
sales of new motor vehicles decreased in seven of the eight states
and territories for April 2011 compared to the previous month. The
largest percentage decrease of 5.1% was recorded for NSW, followed
by Victoria (3.5%) and Queensland (3.4%). Over the same period the
Northern Territory recorded the only increase (1.6%).
The impact of recent flooding and cyclone events in Queensland
on new motor vehicles sales has improved trend estimates for
Queensland. For both March and April 2011, Queensland recorded the
largest percentage increase in the trend estimate (1.5% and 1.7%
respectively). Minimal or negative growth over the same period was
recorded in other States. It is expected that these events will
continue to have an impact on trend and seasonal estimates for
Queensland, as well as other states, as damaged vehicles are
In some cases these fees or surcharges are higher than what a bank charges to these merchants for use of the system.
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