Toyota, Volkswagen, and Mazda sales plunge in Australia as EVs and Chinese brands surge

Industry
โดย Yahoo Finance·AU·Read original
Summary · why it matters

Toyota, Volkswagen, and Mazda are posting sharp sales declines in Australia as electric vehicles and lower-cost Chinese models rapidly reshape the market. Toyota is down 21%, Mazda 17%, Mitsubishi 25.7%, and Volkswagen's 2025 sales have fallen 21% after a 17% drop in 2024, according to a report cited by The Electric Viking. Plug-in vehicles grew from 16% of the market in January to 36% by June 2026 when plug-in hybrids are included, and Chinese automakers now represent seven of Australia's 20 best-selling brands. The upheaval has already seen Fiat exit the Australian market after Citroen and Infiniti, and Peter Jones, chief executive of the Victorian Automobile Chamber of Commerce, warned that brands with under 5% market share are especially at risk. The Australian government has responded to fuel-security concerns by arranging additional petrol and diesel supplies and temporarily cutting the fuel excise, but the overall direction still appears to favor electrification.

Impact on stocks 8

Electrification & Mobility▼ · 4 stocks
Toyota Motor Corp.
7203
▼ NegativeCompetitionrelevance

Toyota's Australian sales down 21% as EVs and Chinese brands reshape market.

Mazda Motor Corp.
7261
▼ NegativeCompetitionrelevance

Mazda's Australian sales down 17% amid EV and Chinese brand surge.

Energy Transition & Power Demand▲ · 2 stocks
Consumer Discretionary▼ · 1 stocks
Volkswagen AG
VOW
▼ NegativeCompetitionrelevance

Volkswagen's Australian sales fell 21% in 2025 after a 17% drop in 2024, as EVs and Chinese brands surge.

Financials▲ · 1 stocks

Theme Impact 2

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