The world is in turmoil proper now and the automotive trade has taken an enormous hit. Analysts estimate sure markets are going to record low numbers corresponding to figures posted over 30 years in the past. In the U.S., for instance, BMW sales have gone down by greater than a 3rd, but it surely seems to be like different markets operate based on a completely totally different logic. Australia is one prime instance.
Sales of luxurious automobiles in the Land Down Under have really gone as much as record ranges in the month of June. BMW, Mercedes-Benz, Audi, and even Lexus, have posted record breaking numbers. BMW, for instance, bought 3,307 automobiles final month, a rise of 32 p.c.
If that appear like a major improve, Audi’s sales have gone up 84 p.c. Considering how costly premium automobiles are in Australia, these are extremely good figures. But what’s the reason?
Well, based on a seller talking with Car Advice, individuals have more cash to spend due to the lockdown, as bizarre as which will sound. Because of its location on the globe, Australian residents often must journey two or thrice a yr to see their kin.
Those journeys aren’t low cost. Since flights have been cancelled and flying isn’t actually an possibility proper now, they discovered themselves with a whole lot of disposable revenue.
Some assist additionally got here from the nation’s $150,000 prompt asset write-off however whereas that was geared toward utes and vans, the posh phase additionally obtained a major increase.
All in all, everyone’s proud of the way in which issues are going in Australia proper now, in the automotive enterprise and some have even gone from driving a humdrum Mazda to a Mercedes. That’s fairly a hike and BMW will certainly do its finest to cater to the wants of its Australian prospects and help this progress.
