Industry Analysis & Industry Trends
The Motor Vehicle Dealers industry has driven along a bumpy road over the past five years despite rebounding strongly following the global financial crisis. High fuel prices have been the major cause of the industry's revenue decline, as consumers have shifted their demand towards more fuel-efficient small cars that have cheaper price tags. Dealerships have been selling higher volumes of cheaper small cars and lower volumes of more expensive large cars, resulting in per-unit revenue declining. Strong price competition, improved production efficiencies overseas, a reduction in the motor vehicle tariff and a high Australian dollar have forced overall prices down. While lower prices have benefited the industry by increasing demand, they are expected to result in a 0.5%... purchase to read more
Industry Report - Industry Products Chapter
The industry's product segmentation only reflects vehicles sold by motor vehicle dealers, and thus does not include vehicle servicing nor the sale of parts and accessories. The segmentation is based on all vehicle sales in the market, which includes both new and used cars. The industry has been divided according to the types of vehicles sold by motor vehicle dealers, which excludes commercial and heavy-duty trucks.
Sport utility vehicles
Sport utility vehicles (SUVs) feature a wagon body style, high ground clearance and a light-truck chassis and can have up to 12 cylinders. Despite a trend towards smaller cars and a move away from large cars that burn large amounts of fuel, SUVs have retained a stable revenue share over the past five years... purchase to read more