The rise and rise of the SUV

Tuesday 10 December 2019

The biggest change to Australia’s motoring landscape over the past decade has been the massive shift away from passenger motor vehicles (PMVs) to sports utility vehicles (SUVs):

In the decade to November 2019, PMV sales fell by 41%, whereas sales of SUVs surged by 163%.

Moreover, a decade ago PMV sales outnumbered SUV sales by around 3-to-1, whereas today SUV sales are running 50% above PMVs.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.