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Industry Activity

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

 

paint_and_interior_repair_graph.png

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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Motor Vehicle Electrical Services in Australia

 

Motor Vehicle Electrical Services in Australia Graph

The Motor Vehicle Electrical Services industry suffered negative growth in the aftermath of the Global Financial Crisis as consumers delayed non-essential servicing on their vehicles, and delayed purchasing new vehicles until the economy improved. Things have bounced back very well from 2010-11 and the industry has enjoyed substantial growth since.

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