The new auto market will cool down, although new brands are introduced and the expected offer increases. However, China Inc. will remain. With standard participation.
COX Automotive Australia, an interior statistics and statistics specialist, predicts more challenging times for the Australian new automotive market, but also possible deals.
In its forecast for 2025, Cox expects a 5 % decrease in total sales compared to 2024, with the aim of about 1.18 million units. This compares with the record of the year 2024 of 1.237 million cars.
But what might be bad news for those familiar with OEM who struggle to reach goals is more acceptable to new car buyers, as Cox expects the opponent thanks to the increase in supply as the demand from buyers from the private sector and the fleet fades in the face of the pressures of the continuous cost.
Chinese brands are likely to be the winners, says Cox, where Cox expects, such as BYD, MG and new expatriates including Zeekr and Geely to visit the market share by 20 % collectively.
“The potential new car buyers who are fighting cost pressure can expect more options at reasonable prices in 2025, with incentive and discount expectations again this year.”
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The company said: “The manufacturer’s inventory and the most intense competition in the market, in addition to slowing the demand in the family on new cars, means that 2025 will continue to submit the” buyer market “-unlike the seller’s market in the offer that we witnessed during 2021-2023,” the company said.
“In all possibilities, both private sales and fleet will face the wonderful and exquisite winds on an annual basis in the first half of 2025 in particular, which leads to the introduction of more incentives at the OEM level and the agent level” to move the minerals “-which appears as discounts or low financial interest rates.
Although car makers were pressed to transport vehicles in the first months of 2025 – including early imported vehicles to meet the new Standard regulations for car efficiencyWhich came into effect on January 1 – Cox expects to repeat the first half of 2025, the majority of 2024 in terms of soft private sales.
“Special vehicle sales-which means that any fleet, government or rented process-reduced 8.0 % large via H2 2024, and CAA expects the structural factors that drive this to the first half of 2025 at least,”.
“Other factors that may affect non -private sales in 2025 include an expected slowdown in the private investment pipeline, and the short -term influence in the period before the federal elections.”
Cox predicts better wealth for electric vehicles – both hybrid and electric battery. The battery electric vehicles are expected to grow from less than 7 % to about 10 %, while electrical vehicles in general (electric, hybrid, hybrid and hybrid battery) must get about 30 % of the total market.
Cox calls on the end of the tax concessions of the benefits of the margin to the rented PHEVS as a potential obstacle to its growth, but it cited the arrival of additional ingredients such as Shark BYD, Ford Ranger Phev and new commercial expatriates, including the additional ingredients of GWM, as a counter -point.
“With the continued cost of cost of living in influencing the private market, and with the supply no longer a comprehensive problem, you can expect to see a more difficult sector in 2025, with pricing options and harsh financing a possible result of private buyers and the fleet,” said Stephen Lester, CEO of Cox Lostine Lestene.
What does this mean for new car buyers in Australia?
If you can buy a new car, so soon – and increase the savings to the maximum, make sure it is a car sitting in the agent’s stock.
This is especially true if the car is at the end of the “Dirtier”. The possibility is that later in 2025 to 2026, Diesel Uts and SUVS will become more expensive as penalties related to not fulfilling the beginning of the efficiency of the new car to influence new brands of cars.
Other factors say CAA may affect the new Australian auto market and hit you
- More cars from China – Not only new brands, but a wide range of models of brands already in the market …
- Useful interest rates The reserve bank’s decisions may reduce prices to increase our appreciation spending and increase demand.
- Paiso Pacific The Australian dollar shows every possibility of beating. This will eventually pay car prices up.
- Voting for me In the previous performance, the federal elections will stop in April or May, sales of companies and government. This means more cars for less than buyers and the corresponding prices, especially as the end of the fiscal year approaches (Eofy).
- More Australians A wenth of one million people in less than two years (partially due to immigration abroad after birth) may compensate for some declines in demand.
