sneak preview: 2024 corporate fleet insights report
As we prepare to release the 2024 edition of our Corporate Fleet Insights Report, we are excited to share a sneak preview of the high-level themes that are shaping the…
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May 2024 VFACTS: spotlight on Hybrids
Australia’s automotive industry has continued its record-breaking new vehicle sales streak, reaching an all-time record high for the month of May. Despite April dipping back below 100,000 sales (97,202), May…
Continue readingfrom urban streets to outback: ford and toyota’s duel in the australian market
In the Australian automotive landscape, the real showdown isn’t Ford versus Ferrari at Le Mans, but rather Ford versus Toyota—a rivalry that impacts the daily lives of consumers much more…
Continue readingApril 2024 VFACTS: signaling a new normal in Australian auto sales?
April’s automotive sales have broken the streak, dipping below 100,000 units for the first time this year. Despite this dip, the 97,202 new vehicle sales this month still significantly outpace…
Continue readingcruising into tomorrow: navigating generational shifts in car buying
Another month, another record set in terms of new vehicle sales. While we are seeing some brands moving into a surplus situation, that isn’t yet impacting sales volumes with Australia…
Continue readingMarch 2024 VFACTS: new records set as Australian automotive market booms
In March there were 109,647 new vehicles delivered, continuing the strong start to the calendar year. This marks a significant 12.7% growth on last year’s March number, which just failed…
Continue readingbusiness insolvencies surge in FY24
Difficult economic conditions in FY24 have triggered a record increase in the number business failures. In February, the number of monthly insolvencies reached its highest level in almost a decade….
Continue readingcashless confidence: SMEs embrace change with caution
In this third post in the series, we continue our exploration of Australia’s transition towards a cashless society. Following on from our previous posts looking at the overall shift to…
Continue readingFebruary 2024 VFACTS: records fall as private and fleet buyers remain active
February witnessed another strong month in the Australian automotive market, with 105,023 new vehicles sold (up 21% vs. Feb 2023). Highlights this month include an increase in medium passenger vehicles…
Continue readingthe journey to 3 million
Australia’s business sector has shown consistent growth over the years, reaching a total of 2,611,688 businesses by the end of 2023. Accordingly, we decided to take a look back over…
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