Deloitte report confirms strong performance of Australian automotive industry

Deloitte's latest annual Motor Industry Report has confirmed that 1,112,032 new vehicles were sold at Australian motor dealerships during 2012.

That record breaking number is a 10.2 per cent year-on-year increase and confirms that the market for new cars in Australia is looking as healthy as ever.

Deloitte Motor Industry Services lead partner Danny Rezek says that Australian car dealers have proven themselves "to be a flexible and resilient group", after a difficult couple of years.

"The availability of the latest models coupled with beneficial finance terms and manufacturer funded interest free periods has helped dealers to engage with consumers and achieve positive sales growth," said Mr Rezek in a statement released April 15.

"Although things have improved from an economic perspective, the top performers still have a relentless focus on operational efficiency, customer relationship management and building a balanced revenue mix."

The news may be of interest to any Australian fleet manager who is considering procuring new vehicles for their fleet, or disposing of old ones.

Replacing outdated and inefficient models can be an excellent way to reduce overall expenses, and the health of the Australian automotive industry suggests now may be a good time to consider this option.

Intelligent fleet management software can help you determine which vehicles in your fleet might need replacement, by providing fuel management reporting modules.

Deloitte has suggested that a strong start to 2013 for the Australian automotive industry may indicate that another financially prosperous year is ahead.  

The FCAI has reported that 85,430 passenger cars, SUVs and commercial vehicles were sold during January 2013 alone - an increase of 11.3 per cent of January 2012 figures.

That means there may be no better time to consider upgrading the vehicles in your organisation's fleet, in order to minimise expenses and maximise efficiency.