Aimee Wiley: Motor Industry Association CEO on the continued drop in vehicle sales

Vehicle sales are continuing to plummet. 

Data from the Motor Industry Association shows June sales are the lowest they've been in more than a decade. 

New registrations have dropped for the fourth consecutive month. 

Association Chief Executive Aimee Wiley told Mike Hosking there's a bit of a promising uplift in June for EV sales. 

She says with the clean car discount EVs were making around 15% of the share, dropping to two percent in January but growing back to 5%. 

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Episode Transcript

Speaker 1 (00:00):
Not buying a lot of cars right now. A new
stats show last month worse June in more than a decade.
Motor Industry Association CEO Amy Wiley back will the samey
very good morning to you.

Speaker 2 (00:09):
Good morning Mike.

Speaker 1 (00:10):
Do you reckon we've reached the bottom or is there
more to come in July and August?

Speaker 2 (00:13):
You think it's tough times? I think I think the
next six months continue to be tough.

Speaker 1 (00:19):
I think business sales versus personal sales. Are we seeing
any sort of variational disparity in there?

Speaker 2 (00:26):
Yes we are. Business sales are, but personal sales are
even lighter. Total industry around about twenty five percent, but
light passenger which is cars and SUVs are down between
thirty and thirty five percent.

Speaker 1 (00:38):
Do we break it down? I know the EV market's
fallen off a cliff. Has it fallen off more of
a cliff once all the subsidies have gone versus the
cliff that we're falling off with the regular cars?

Speaker 2 (00:50):
Correct? Yep, it has.

Speaker 1 (00:52):
So it's evs are dead.

Speaker 2 (00:54):
Well I wouldn't that dead. But there's a bit of
a promising uplift in June. So this time a year ago,
when we had the clean card discount evs were making
up twenty fifteen and twenty percent of this year. That
dropped to two percent in January, three percent in February,
then they got to five percent this month for the
first time, they're at eight and a half percent. So
it's it's.

Speaker 1 (01:15):
But eight and a half percent of what eight and
half percent of the smaller.

Speaker 2 (01:18):
Market correct, So there's still we're selling less of everything,
but we're selling a lot lease of evs.

Speaker 1 (01:25):
Are you putting this down forget the EV thing for
a moment, just overall, Are you putting this down purely
to the cost of living crisis?

Speaker 2 (01:32):
I think so yes. I think this is comics, and
I think the impact is bitten in from the interest
rates in the ocr.

Speaker 1 (01:39):
And there's money a problem. I mean, do you break
those sort of figures down people who finance cars and
stuff and they can't get it, can't afford it, whatever
the case may be, is that is that a handbreak
as well? No pun intended.

Speaker 2 (01:49):
I think overall business and consumer confidence is low right now.
I don't know that there's many people that either have
funds or want to buy vehicles right now, and that's
a shame because vehicles have never been at bit of prices.

Speaker 1 (02:02):
Exactly. There are deals to be done, aren't they. Amy
appreciate the insighte Amy Wiley, Motor Industry Association CEO, just
to give you an insight on the EV's. The biggest
selling EV of the month was the byd at O three.
They sold forty seven of them and there will be
a lot of pre orders. Australia. Interestingly enough numbers came
out yesterday. They've been on a tear. They've been on
the longest increased streak for twenty years, but in June

(02:25):
they had their first decline for fourteen months. Across in America.
Ford gave you GM yesterday Ford Q two. They're up.
They're still buying more cars, truck sales, truck sales with engines,
what a surprise, three hundred and eighty nine hundred and twenty.
So they're selling more. Australia selling less, We're selling way less.

(02:46):
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