Jump at new car sales in May
|   Tuesday, June 26, 2012
Car dealers have been analyzing the market from the month of January but the sudden increase in car sales have been observed by Australian market in the month of May. This is the data published from Australian Bureau of statistics. The market has beaten the expectation of fall of the sales in the particular month.

As per a reliable source, ne cars with 91,994 in number have been sold in Australia in the month of May. There is a rise of 2.4 percent on the sales.
Data and figure has been compared with the month of April, where the market has viewed sale of car amounting to 89,812 in figure. This figure has got a further rise with an upward trend. As per the analyst, there was an expectation of 1.5 percent fall in the month. But, out of the blue reverse have been viewed.

As per the market sales in the previous year, the sales of new car have got an adjustment of 22.4 percent higher. Today there is an unlimited demand of four wheeler drives as compared to two wheelers in the market. As per the market data, sports utility vehicle or SUV have got a good demand in the market. Due to such demand the sales rose to 3 percent in the month of May. This is the percentage obtained after making an adjustment over regular seasonal variations.

Even the rise in sales of other passage vehicle has been observed by the analysts. The rage includes the variety such as family sedans, non off-road vehicles and all wheel drives. The sale of such variety of car has risen to 2.3 percent.

As per the analysis per specific type of vehicle, the percentage increase in SUV was 55 percent in the market. The analysts have also viewed 12 percent increase in the rise of sales in other passenger vehicle. Even there is a 16 percent rise in the range of non passenger vehicle. When we make an analysis of the total proportion, SUV is known as all time hit with an increase of 27.7 percent in May. In the last year the range of SUV has got a rise of 21.9 percent in 12 months. Again if we make a comparison of the sales that took place 15 years earlier, it has been only 9.4 percent. Thus, as per the statistical data, there is a clean rise of 2 percent in sales for SUV cars presented in the market.

Toyota Motor Corporation has seen an unpredictable rise in the sales of their product in the month of May. Also the percentage increase in US sales for Toyota car has jumped to 87 percent.

As per the expectation of analysts, Toyota was thought to take over other car manufacturers with an increase of 90 % of the total sales. As per the comparison of the sales percentage of Toyota from April to May, there is a jump up step from 18% to 31 %. The expectation of the company is to have doubled the sum of $9.5 billion.
PHOTO GALLERY
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