CHINA was the leading source of new vehicles sold in Australia for the first time in February, according to official data, ending the Japanese automotive industry’s 28-year domination of the market. The Federal Chamber of Automotive Industries (FCAI) said that 22,362 new vehicles sourced from China were sold nationally in February, exceeding 21,671 from Japan and 19,493 from Thailand.
Japan had been Australia’s leading source of vehicles every month since 1998, according to the FCAI. It said that Australia’s new vehicle market recorded 90,712 sales in February, giving Chinese manufacturers a market share of 24.6 per cent. Of the 10 new automotive brands that have entered the Australian market since 2020, the FCAI said nine are made in China. “After 28 years, Japan has been overtaken by China as the largest source of vehicles for the Australian market in a single month,” FCAI Chief Executive Officer Tony Weber said in a statement.
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