Despite stock shortages, the demand for new and used cars remains strong.more than 100,000 new vehicles were sold in Australia in May 2021 — an increase of 68 per cent compared to the same month last year.
But global production delays are affecting supplies of new vehicles, with car manufacturers struggling to meet the demand due to a shortage of semiconductors – the microchips used in most modern cars.Semiconductors are needed for features like infotainment and safety systems.
Not stupid enough to ever buy a new car
Climate collapse in the northern hemisphere and Australians are worried that they have to wait longer for their new car
There's not a 'growing demand for new cars' New car sales peaked in 2017 Yearly June 30 EOFY tax deduction sales spikes also trending down Post-covid bounce in sales within bounds of long-term sales decline trend World-wide trend! Global motor vehicle production peaked 2017
Raising car costs including the used car market, raising property costs, mortgage rates guaranteed to raise, throw in inflation. Oh dear. Here we go. And we thought costs of living in Australia were bad pre-Covid? Think again!
Gee it’s like we need to have cars manufactured in Australia ….. whoops