New car tsunami headed to Australia in 2024
FOLLOWING all-time record sales in 2023, this year is shaping up to be just as bouyant.
Tempered by cost of living pressures – including escalating house and food prices, high rent and increasing transportation costs – inflation appears to now be trending down, which may see interest rates ease.
But it is the arrival of a new model which always attracts a price rise and, accordingly, new car prices have risen across the board in 2023 as manufacturers seem to be “making hay while the sun shines”.
Increases of $10K and more were observed at some marques – and this on top of delivery delays of up to six months or more at some importers.
Against this backdrop is the expected arrival across 2024 of numerous desirable new vehicles along with upgrades/facelifts to many existing models.
Australia’s uptake of pure electric vehicles will no doubt continue with more offerings from mainly Asia and some from Europe and the US to assuage climate conscious buyers.
Expect sales of one tonne utes to skyrocket following the February arrival of a new generation Mitsubishi Triton and, later, a mild hybrid Toyota Hilux.. not to mention our continuing love affair with the soon-to-be-updated new Ford Ranger.
The Isuzu Ute D-Max also gets a tweak this year and possibly hybrid power as well.
Ridgey-didge four-wheel drive buyers will also no doubt be lining up for a raft of new models. In 2024, we’ll see the new-generation Toyota LandCruiser Prado and Lexus GX make an appearance, alongside many others.
Driven by practicalities and choice, the trend for family vehicle buyers towards Small, Medium and Large segment SUVs will continue particularly in the light of such an extensive choice.
And even the sports car segment will enjoy a fillip from the arrival of a new gen’ Ford Mustang the much-anticipated MG Cyberster BEV and many others.
Here is a look at what is expected in local dealerships in 2024, by segment.
Micro and Light Passenger Cars
|
Fiat 500e |
Q1 |
|
MG 3 |
2024 |
|
Mini Cooper |
Q3 |
|
Peugeot e208 |
2024 |
|
Suzuki Swift |
2024 |
Small Passenger Cars
|
GWM Ora Sport |
2024 |
|
Hyundai i30 Sedan Hybrid |
January |
|
Hyundai i30 Sedan N |
Q1 |
|
Hyundai i30 Euro Hatch & Hybrid |
Q3 |
|
Skoda Scala (facelift) |
2024 |
Medium Passenger Cars
|
Peugeot 408 PHEV |
2024 |
|
Peugeot 508 (facelift) |
2024 |
|
Skoda Octavia (facelift) |
2024 |
|
Toyota Camry and GR |
2024 |
Large and Upper Large Passenger Cars
|
Citroen CX 5 PHEV |
H1 |
|
Genesis G80 (facelift) |
H2 |
|
Mercedes-Benz E-Class |
H1 |
Sportscars
|
Chevrolet Corvette Z06 |
Q1 |
|
Chevrolet Corvette E-Ray |
2024 |
|
Ford Mustang |
2024 |
|
Hyundai Ioniq 5 N |
Q1 |
|
Lotus Eletre |
H1 |
|
Maserati Gran Turismo |
2024 |
|
Mazda MX-5 (facelift) |
H1 |
|
Mercedes-AMG C63 SE Performance |
January |
|
Mercedes-Benz CLE |
H2 |
|
MG Cyberster |
2024 |
|
Nissan Z Nismo |
Q1 |
|
Porsche 718 Spyder RS |
Q2 |
|
Subaru BRZ tS |
Q1 |
|
Subaru WRX Limited |
2024 |
People Movers
|
Kia Carnival (facelift & possible hybrid) |
Q1 |
Light SUVs
|
Ford Puma EV |
Q4 |
|
Suzuki Fronx Hybrid |
2024 |
|
Volkswagen T-Cross (facelift) |
Q4 |
Small SUVs
|
Jeep Avenger EV |
H2 |
|
Jeep Compass 4Xe PHEV |
2024 |
|
Lexus LBX |
H1 |
|
Mazda CX-30 (facelift) |
January |
|
Mercedes-Benz EQA & EQB (facelift) |
Q2 |
|
MG ZS (facelift) |
2024 |
|
Mini Countryman |
Q1 |
|
Mini Countryman EV |
Q3 |
|
Mitsubishi ASX |
2024 |
|
Nissan Qashqai e-Power |
Q1 |
|
Peugeot 2008 (facelift) |
2024 |
|
Skoda Kamiq (facelift) |
2024 |
|
SsangYong Torres |
2024 |
|
Toyota C-HR |
Q1 |
|
Volvo EX30 |
Q1 |
Medium SUVs
|
Audi Q4 e-tron |
H2 |
|
BMW X2 & iX2 |
Q1 |
|
BMW X3 |
H2 |
|
BYD Seal |
2024 |
|
Chery Omoda 5 GT |
January |
|
Chery Omoda 5 EV |
H2 |
|
Cupra Formentor (facelift) |
Q4 |
|
Hyundai Tucson (facelift & hybrid) |
Q3 |
|
Kia EV5 |
2024 |
|
Kia Sportage Hybrid |
Q1 |
|
Mazda CX-5 (facelift) |
January |
|
Mercedes-Benz GLC43 & 63 SE Performance |
Q2 |
|
Mercedes-Benz GLC43 & 63 SE Performance Coupe |
H2 |
|
MG HS (facelift) |
Q1 |
|
Nissan Ariya |
2024 |
|
Peugeot e3008 |
2024 |
|
Polestar 3 |
H2 |
|
Subaru Forester |
2024 |
|
Tesla Model Y (facelift) |
H2 |
|
Toyota bZ4X |
February |
|
Volkswagen ID4 & ID5 |
H2 |
Large and Upper Large SUVs
|
Audi SQ8 & Q8 (facelift) |
H1 |
|
Ferrari Purosangue |
H1 |
|
Genesis GV80 & Coupe |
Q2 |
|
GMSV Cadillac Lyriq |
Q4 |
|
GWM Tank 500 |
2024 |
|
Hyundai Santa Fe |
Q3 |
|
Ineos Grenadier Quartermaster |
2024 |
|
Isuzu MU-X 1.9T |
2024 |
|
Jeep Wrangler 2.0T (facelift) |
Q2 |
|
Kia Sorento (facelift) |
Q1 |
|
Lexus GX |
H1 |
|
Mazda CX-80 |
2024 |
|
Mercedes-Maybach EQS SUV |
2024 |
|
Polestar 4 |
H1 |
|
Skoda Enyaq |
2024 |
|
Skoda Kodiak |
Q4 |
|
Toyota LandCruiser Prado |
Q2 |
|
Volkswagen Touareg (facelift) |
March |
|
Volvo EX90 |
H2 |
Light Commercial Vehicles
|
Ford F-150 (facelift) |
H2 |
|
GWM Cannon (facelift) |
2024 |
|
GWM Cannon+ |
Q1 |
|
Isuzu D-Max (facelift) |
Q1 |
|
Jeep Gladiator 2.0T |
H2 |
|
JAC T9 diesel light truck |
Q1 |
|
JAC T9 EV light truck |
2024 |
|
LDV E-T60 (facelift) |
H2 |
|
Mitsubishi Triton |
February |
|
Ram 1500 3.0T |
2024 |
|
Toyota HiLux MHEV |
H1 |
|
Toyota Tundra |
H2 |
Light Commercial Vans
|
Ford E-Transit Custom |
H2 |
|
Ford Transit Custom |
Q2 |
|
LDV eDeliver7 |
January |
|
Mercedes-Benz V-Class & Vito (facelift) |
H1 |
|
Peugeot e-Expert |
2024 |
|
Renault Kangoo E-Tech |
Q1 |
|
Renault Kangoo ICE |
2024 |
|
Renault Master & E-Tech |
2024 |
|
Volkswagen ID Buzz Cargo |
Q4 |
|
Volkswagen Transporter 7 |
Q4 |