Market Insight: The winners and losers in 2018
BY JUSTIN HILLIARD | 15th Jan 2019
-THERE were more losers than winners in Australia’s softening new-vehicle market last year, but the signs were positive for several brands that will look to continue their momentum in 2019, which is expected to be just as challenging.
-As reported, several factors aside from individual supply issues, such as the declining housing market, bank credit squeeze, severe drought, weak dollar, stunted wage growth and upcoming federal election, contributed to the new-vehicle market’s contraction by 3.0 per cent last year, to 1,153,111 vehicles.
