Vehicle sales fall 12.2% due to supply bottlenecks
The motor vehicle industry is missing out on valuable sales due to the supply chain problems that are affecting the world.
A total of 81,065 new vehicles were sold in April, which was 12.2% lower than the year before, according to the Federal Chamber of Automotive Industries.
However, FCAI chief executive Tony Weber said the year-on-year decline was due to reduced supply rather than reduced demand.
“This is a reflection on the global automotive industry’s ability to supply vehicles to not only the Australian market, but all markets throughout the world,” he said.
“Automotive manufacturers continue to suffer from a shortage of microprocessor units, which is impacting their ability to ramp up production to pre-pandemic levels.
“Covid-19 continues to impact manufacturing and supply, particularly where factories have been forced to close and shipping operations are yet to fully recover. This is being reflected in the extended delivery times for new vehicles.”
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