{"id":682368,"date":"2026-05-20T05:58:18","date_gmt":"2026-05-20T05:58:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/682368\/"},"modified":"2026-05-20T05:58:18","modified_gmt":"2026-05-20T05:58:18","slug":"aussie-car-industry-faces-economic-winter","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/682368\/","title":{"rendered":"Aussie car industry faces economic winter"},"content":{"rendered":"<p>Australian new car sales have hovered above 1.2 million annually since late 2023, albeit having retraced from their June 2024 peak.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Nw-car-sales.png\" width=\"654\" height=\"471\"\/><\/p>\n<p>A <a href=\"https:\/\/www.roymorgan.com\/findings\/10223-automotive-purchase-intention-press-release-may-2026\" rel=\"nofollow noopener\" target=\"_blank\">new survey<\/a> from Roy Morgan suggests that new car buying intentions have fallen to a five-year low as Australians cut spending amidst economic uncertainty.<\/p>\n<p>Only 16%, or 3.8 million Australians aged 14+, intend to buy a new car in the next four years, down 4% points from a high of 20% in March 2023.<\/p>\n<p>Advertisement<\/p>\n","protected":false},"excerpt":{"rendered":"Australian new car sales have hovered above 1.2 million annually since late 2023, albeit having retraced from their&hellip;\n","protected":false},"author":2,"featured_media":682369,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-682368","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/682368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=682368"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/682368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/682369"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=682368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=682368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=682368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}