Registrations were down 4% in February and down 2% YTD. In February, China became the largest supplier of vehicles, deposing Japan. I can see Japan retaining its place in the months to come but in the long term China will surely become the main source.
Toyota had a sizable drop due a gap in supply of the top selling RAV4 as dealers wait for the new model to arrive in March. Chinese brands are pushing hard but Toyota is confident it will have 20% market share come December. I wouldn't bet against that.
A few brands don't report sales, so aren't listed. Mahindra gave a sales number for 2025, and based on that, I have done an estimte for 2026.
Data source: FCAI. Photo: Ford Australia.
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