New Vehicle Supply to Australia Cannot Keep up With Demand

New Vehicle Supply to Australia Cannot Keep up With Demand
Supply of new cars to Australia cannot currently match demand. Kalyakan/Adobe Stock
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Australia’s peak body for the automotive industry has released new vehicle sales figures for June 2022, which, at 99,974 vehicles sold, show a 9.7 percent decline compared with June 2021.

Federal Chamber of Automotive Industries (FCAI) chief executive Tony Weber said in a release on Tuesday that a combination of disrupted manufacturing due to the COVID-19 pandemic, the war in Ukraine, and shipping issues have meant that the supply of new vehicles to Australia cannot match demand.

Steve Milne
Steve Milne
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Steve is an Australian reporter based in Sydney covering sport, the arts, and politics. He is an experienced English teacher, qualified nutritionist, sports enthusiast, and amateur musician. Contact him at [email protected].
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