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 operators primarily repair motor vehicle engines and parts, and perform regular motor vehicle maintenance and servicing. Smash repairs and electrical repairs are considered separate industries and are not included in this industry summary (Munro-Smith, H. IBISworld, May 2018).
The motor vehicle dealers industry includes dealerships principally engaged in selling new or used motor vehicles. Their services may include aftersales and financial services and their customers include consumers, companies and government entities (Thomson, J. IBISworld, Apr 2018).
The motor vehicle body, paint and interior repair industry includes companies that primarily engage in repairing, panel beating or spray painting smashed or damaged motor vehicles. The industry also includes companies that replace, repair or tint automotive glass, and companies that perform interior repairs, car wash or cleaning services (Mustafoff, E. IBISworld, Jan 2018).
Growth in the passenger and car rental industry is due to higher domestic and international tourist numbers. Increased tourism activity has been fueled by the weakened Australian dollar and growing wealth in Asia. Competition within the sector is high as consumers’ access price comparison websites. (Source: McGregor, W. IBISworld. Aug 2017)
Despite the volatility of crude oil prices, profitability within the fuel retailing sector is continuing. Diesel sales are increasing but petrol is the highest seller. Industry ownership is fluid as fuel retail outlets are being sold by petrol companies to supermarket chains. Profitability may be impacted as consumers adopt vehicles with alternative drive trains (i.e. electric powered). This is offset by the growing numbers of Australian registered vehicles requiring fossil fuels. (Source: Magner, L. IBISWorld. Feb 2017)