VFACTS January 2024: Record start to the year but slower times ahead

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  • VFACTS January 2024: Record start to the year but slower times ahead

2024 is off to a strong start, with 89,782 new vehicles delivered throughout January, but the industry has cautioned economic conditions could dampen the mood.

January’s tally was up 5.8 per cent on the year prior, fuelled by greater demand for hybrid vehicles, and surpassed the previous January record of 88,551 vehicles set in 2018.

Sales of electric passenger cars, SUVs and light commercial vehicles were essentially flat: 4893 examples were delivered, up just 0.8 per cent on…

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