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Industry Activity

Motor Cycle Dealers in Australia

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Many motorcycles are purchased for recreational purposes, therefore sales of motorcycles are very responsive to economic conditions. In figure 2, the rate of revenue growth declines sharply in the aftermath of the Global Financial Crisis (GFC), and it is not until 2010-11 that the industry sees a return to positive growth. The decline in growth was somewhat off-set by people purchasing motorcycles and scooters as a cheaper form of transport amongst rising fuel prices. The agricultural sector has also seen an increased demand for All-Terrain Vehicles.

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Fuel Retailing in Australia

 

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The structure of the fuel retailing industry has changed markedly over the past 10 years. Many oil companies have pulled out of the industry opting to pursue more profitable streams of revenue, and have been replaced by supermarket chains like Coles, Woolworths and Seven-Eleven. The supermarket chains can use fuel outlets as an extension of their regular businesses selling supermarket goods and petrol at discounted prices with docket vouchers.

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Tyre Retailing in Australia

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Tyres are an essential part of the automotive industry and therefore, there will always be a market for them. The industry went into negative growth during the Global Financial crisis as consumers delayed spending but the need for tyres soon returned to strong positive growth following pent-up demand.

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Motor Vehicle Parts Retailing in Australia

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The motor vehicle parts retail industry has performed very well over the past 10 years, driven by an increase in discretionary household incomes. As discretionary incomes rise, consumers are given more choice to choose between new and used parts when servicing or repairing their vehicles.

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Motor Vehicle Dealers in Australia

 

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The motor vehicle dealers industry in Australia experienced a steep decline in revenue and employment in the immediate aftermath of the global financial crisis. However, the industry bounced back well in 2009-10 with pent-up demand for new vehicles following a period of financial uncertainty and instability. It took a number of years for market to stabilise but now seems to be in a strong place with a gradual increase in establishments forecast in the future.

Despite a number of sectors in the automotive industry set to be hit hard by the impending closures of automotive manufacturers, it is predicted that motor vehicle dealers will continue to play a part in the market place as consumers will need an outlet to upgrade and replace vehicles. There is a shift in the types of vehicles being purchased with an emerging preference for new cars with updated technology, smaller, more fuel efficient cars, diesel cars, hybrid and electric cars.

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