Australia’s peak body for the automotive industry has released new vehicle sales figures for June 2022, which, at 99,974 vehicles sold, show a 9.7 percent decline compared with June 2021.
Federal Chamber of Automotive Industries (FCAI) chief executive Tony Weber said in a release on Tuesday that a combination of disrupted manufacturing due to the COVID-19 pandemic, the war in Ukraine, and shipping issues have meant that the supply of new vehicles to Australia cannot match demand.
This lack of supply means buyers can expect to wait between three months and a year for their new car to arrive at the dealership.
“Globally, car makers are continuing to suffer from plant shutdowns. In Europe, we have component supply heavily impacted by the conflict in Ukraine. Microprocessors continue to be in short supply and global shipping remains unpredictable,” he said….