Australia car wraps

Automotive Market in Australia

The automotive industry in Australia is expected to grow at an average annual rate of 1.3% over the next five years, with the market size reaching AUD 62.5 billion by 2028. The industry is characterized by high competition, with the top four players accounting for less than 40% of the market share.

Overview
The Australian automotive market has been growing steadily. In September 2023, the market saw a 19.2% increase in new sales compared to the previous year, with 107,489 new vehicles sold. Tesla has also seen a significant surge in the rankings, moving up 8 spots and increasing its sales by 171%.

The Australian automotive market is also witnessing a surge in electric vehicle sales. In September 2023, the market saw a 19.2% increase in new sales, with Tesla surging 8 spots in the rankings.

Popular Car Brands
Toyota has been the most popular car brand in Australia for 25 years in a row, with a market share of 21.3%, according to the Federal Chamber of Automotive Industries (FCAI). In 2022, Toyota sold 231,050 cars, which is more than double the number of cars sold by the second-place Mazda.

According to VFACTS, the top 10 car brands in Australia, based on sales figures for 2022, are:
1.   Toyota: 231,050 sales
2.   Mazda: 95,718 sales
3.   Kia: 78,330 sales
4.   Mitsubishi: 76,991 sales
5.   Hyundai: 73,345 sales
6.   Ford: 66,628 sales
7.   MG: 49,582 sales
8.   Subaru: 36,036 sales
9.   Isuzu Ute: 35,323 sales
10.   Volkswagen: 30,946 sales

Auto Shows in Australia
There are several car shows and events in Australia, together revealing the growth of the market. Here are some of them:
   Meguiar's MotorEx: This is Australia's largest and most prestigious motoring enthusiast event. It showcases the country's best custom and modified cars.
    Historic Sandown 2023: The event is scheduled to take place from November 10 to November 12, 2023 at the Sandown Raceway in Springvale, Victoria. The event is organized by the Victorian Historic Racing Register (VHRR) and will feature a range of historic racing cars.
   Holden vs Ford Drag Nationals: This event is scheduled to take place on November 4, 2023 at the Heathcote Park Raceway in Heathcote, Victoria. The event will feature a drag race between Holden and Ford cars, along with a pit lane car show.
    Monaro Club of Queensland Inc. State Titles and Warwick Cruize Inn Clubs all Car and Bike Show: The event is scheduled to take place on November 5, 2023 at the Warwick Showgrounds in Warwick, Queensland. The event will feature a range of classic cars and bikes.
    Bendigo National Swap Meet: This event is scheduled to take place from November 11 to November 12, 2023 at the Prince of Wales Showgrounds in Bendigo, Victoria. The event is organized by the Federation of Veteran, Vintage and Classic Vehicle Clubs and will feature a range of vintage and classic cars, motorcycles, and trucks.

Overall, the automotive market in Australia is expected to grow in the coming years, with a focus on fuel efficiency and eco-friendliness. Get your car transformed in TeckWrap vinyl wrap films is a cost-effective way to follow up follow up on the trends. Act now by reaching our regional distributor at teck-wrap.com.au and see what we can do for you.