Sales of Australian made cars hit 61-year low

Sales of Australian made cars in 2014 were at their lowest level since 1953, as the local car making industry heads towards its termination in 2017.

Sales of Australian made cars in 2014 were at their lowest level since 1953, as the local car making industry heads towards its termination in 2017.

As News.com.au reports, figures from the Federal Chamber of Automotive Industries show that Australians bought only 100,468 locally-made vehicles in 2014.

According to a historical Manufacturing Industries report by the Australian Bureau of Statistics this was the lowest figure for 61 years. 99,133 vehicles were made in Australia back in 1953.

The high point of Australian car manufacturing occurred in 1976 when 473,045 cars were made locally.

And the most recent high point was 2007, when 344,000 vehicles were built. However, in the seven years since, sales have fallen off dramatically.

Ford has marked October 2016 as the date it will cease its local manufacturing operations, while both Toyota and Holden plan to continue until 2017.

While the poor sales figure are likely to increase speculation that the local industry may not last that long, none of the car makers has indicated that it will close earlier than the stated dates.

As AAP reports, overall 1.1 million cars were sold in 2014. This was a 15 per cent drop from the 2013 figure of 1.3 million.

The large drop can be explained by the fact that 2013 was the biggest year on record. 2014 was actually still the second biggest sales year ever and only the third ever year that sales have passed the 1.1 million mark.

Toyota was the top selling brand with 18.3 per cent of the market. It was followed by Holden with 9.5 per cent, Mazda with 9 per cent, Hyundai with 9 per cent and Ford with 7.2 per cent.

The top selling car in Australia was the Toyota Corolla with 43,735 sales. The Mazda 3 came second with 43,313.