Australia’s luxury car market booms

Thursday 22 April 2021

CommSec has released data on luxury car sales, which hit a record high 12.6% share of overall passenger vehicle and SUV sales in the year to March 2021:

Luxury car sales hit a record high share in March 2021.

Interestingly, Porsche sales hit 3-year highs:

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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.