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10 Interesting Facts Top Selling Luxury Cars In Australia 2022 | Luxury Suv Car

  • So, how are the sports cars starting the year? Although the Ford Mustang was the best-seller overall for January, the new Subaru BRZ will be one to keep an eye on. It was nibbling at the heels of the American muscle car in January. And the BRZ is basically a limited edition at the moment, with the first production allocation for Australia sold out. Once production is in full swing we might see a big rise in figures. - Source: Internet
  • The decline in the automotive industry due to the global semiconductor chip shortage will be a major challenge for the luxury car market in Australia during the forecast period. The chip shortage has pushed carmakers to idle production lines for a long period of time and thus hindered automotive production. The entire car industry is amid a severe parts shortage forcing carmakers to halt production and slash exports to Australia. The semiconductor chip shortage faced by American and European key vendors would negatively impact the market in focus since various luxury cars are being exported from these regions to Australia. Thus, the aforementioned causes will negatively impact the luxury car market in Australia. - Source: Internet
  • The Audi A3 is a couple of inches longer than its most direct competitor, the Mercedes-Benz A-Class sedan. Another luxury car of virtually the same size is the BMW 230i, but it is a two-door coupe. The Alfa Romeo Giulia and Cadillac CT4 are larger than the A3. - Source: Internet
  • “The microprocessor shortage and the pandemic’s impact on supply chains continues into 2022. This is an issue impacting markets all over the globe. Despite this, consumer interest, inquiry, and the fundamental demand for new cars in Australia remains strong. Manufacturers are continuing to work hard to address supply chain and production issues.” - Source: Internet
  • Premium mid-size cars topped 767 sales overall for the month, and that’s down 19.5 per cent on last year. In other words, an exact contrast on the non-premium sector above. - Source: Internet
  • The pick of the large luxury cars was the Porsche Taycan in January. It has been slowly sneaking its way to the top in recent months. And it hasn’t just past the runner-up, the Mercedes E-Class, it easily edged out in front for January. Sales are up 184.6 per cent for the electric sports sedan, from 13 units to 37. - Source: Internet
  • The integration of advanced safety technologies in luxury cars to gain higher safety ratings is notably driving the luxury car market growth in Australia, although factors such as the decline in the automotive industry due to global semiconductor chip shortage may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the luxury car industry in Australia. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge. - Source: Internet
  • The luxury car market share in Australia is expected to increase by 27350.00 units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.12%. - Source: Internet
  • Overall segment sales hit 6079 units in January (down 27.4 per cent on last January). See below for the top 10 best-selling small cars in Australia during January 2022: - Source: Internet
  • The luxury car market share growth in Australia by the IC engine-based vehicles segment will be significant during the forecast period. The majority of the luxury car market in Australia is penetrated by diesel and gasoline engines. This growth of the segment is attributed to an increase in consumer disposable income, which, in turn, increased the adoption of luxury cars in the country. Technological developments are also resulting in improvements in IC engines in terms of emission, performance, and fuel efficiency. This trend is also expected to foster the growth of this segment of the market. - Source: Internet
Top Selling Luxury Cars In Australia 2022 - Luxury Family Cars

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