Contact: Matt Hobbs, MTAA CEO
Email:     matt.hobbs@mtaa.com.au
Tel:          03 9829 1250
Mobile:   
0419 608 845
Postal:    650 Victoria Street, North Melbourne VIC 3051

Industry Activity

2016-17 Industry snapshot: Commercial vehicle wholesaling in Australia

Despite strong business confidence associated with increased construction expenditure in some industry sectors (i.e. public infrastructure) and the potential for government policy requiring the introduction of more fuel efficient vehicles, revenue growth is slow. Growth is constrained by the weaker Australian dollar and rising import prices which has increased the purchase price of commercial vehicles. (Source: Mullaly, J. IBISworld. Feb 2017)

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2016-17 Industry snapshot: Motor vehicle wholesaling in Australia

With the end of the local car manufacturing in Australia, the demand for imported vehicles will fuel growth within the motor vehicle wholesaling sector. Increased demand is also the result of higher discretionary incomes, positive business confidence and an increasing demand for imported vehicles (particularly smaller vehicles and SUVs). Intense competition between dealers and pressure from manufacturers to clear stock reduces consumer purchase costs and profit margins for industry operators. (Source: Thomson, J. IBISworld. Aug 2017).

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Motor Vehicle Body, Paint, and Interior Repair in Australia

 

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The Motor Vehicle Body, Paint, and Interior repair industry is dependent on accidents in order to generate revenue. New cars are coming equipped with more and more safety features to help prevent the occurrence of accidents. As Australian consumers are showing a preference for newer cars, this will result in fewer cars needing repair work and a decline in revenue. Counteracting this, people with new cars are more likely to have repair work done than people in older cars.

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