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← Newsroom/Dealers & retailSales & market

Used sales rise 6% as dealer share recovers to 43.9%

Compiled by ADME Newsroom from 1 source

First reported by AutoTalk Australia · 13 October at 7:43 am

Who's covering this — 1 article

Industry trade
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Image: AutoTalk Australia

The quick read

Full coverage

AutoTalk Australia·Industry trade·13 October at 7:43 am

Used sales rise 6% as dealer share recovers to 43.9%

Used vehicle sales rose to 258,127 in September as listings fell to 390,184 and dealer share recovered to 43.9%.

Read at AutoTalk Australia →

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The quick read

  • Used vehicle sales rose to 258,127 in September
  • Listings fell to 390,184
  • Dealer share recovered to 43.9%

For dealers: Australian dealers can regain market share by leveraging the current trend of rising used sales

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

A 6% rise in used sales indicates that dealers are regaining ground in the market, which could be due to their ability to offer competitive pricing and better value to customers

What it means for stock and ordering

The fall in listings to 390,184 suggests that dealers are managing their inventory more effectively, which could lead to reduced holding costs and improved profitability

The recovery of dealer share to 43.9% implies that dealers are becoming more competitive in the market, potentially by offering certified pre-owned programs or other value-added services

Competitor response and market dynamics

As dealers regain market share, their competitors, such as private sellers and online marketplaces, may need to reassess their pricing and marketing strategies to remain competitive

The rise in used sales could also lead to increased demand for certain models or segments, allowing dealers to optimize their inventory and pricing accordingly

Taking action

This week, dealers can review their current inventory and pricing strategies to ensure they are competitive in the market and take advantage of the rising demand for used vehicles

Go deeper — ADME analysis

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  • How a Chinese brand became Australia’s #2 — BYD, Chery, GWM and the new top 10 →