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Speaker 1: Not buying a lot of cars right now. A new

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Speaker 1: stats show last month worse June in more than a decade.

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Speaker 1: Motor Industry Association CEO Amy Wiley back will the samey

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Speaker 1: very good morning to you.

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Speaker 2: Good morning Mike.

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Speaker 1: Do you reckon we've reached the bottom or is there

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Speaker 1: more to come in July and August?

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Speaker 2: You think it's tough times? I think I think the

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Speaker 2: next six months continue to be tough.

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Speaker 1: I think business sales versus personal sales. Are we seeing

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Speaker 1: any sort of variational disparity in there?

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Speaker 2: Yes we are. Business sales are, but personal sales are

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Speaker 2: even lighter. Total industry around about twenty five percent, but

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Speaker 2: light passenger which is cars and SUVs are down between

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Speaker 2: thirty and thirty five percent.

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Speaker 1: Do we break it down? I know the EV market's

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Speaker 1: fallen off a cliff. Has it fallen off more of

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Speaker 1: a cliff once all the subsidies have gone versus the

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Speaker 1: cliff that we're falling off with the regular cars?

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Speaker 2: Correct? Yep, it has.

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Speaker 1: So it's evs are dead.

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Speaker 2: Well I wouldn't that dead. But there's a bit of

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Speaker 2: a promising uplift in June. So this time a year ago,

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Speaker 2: when we had the clean card discount evs were making

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Speaker 2: up twenty fifteen and twenty percent of this year. That

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Speaker 2: dropped to two percent in January, three percent in February,

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Speaker 2: then they got to five percent this month for the

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Speaker 2: first time, they're at eight and a half percent. So

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Speaker 2: it's it's.

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Speaker 1: But eight and a half percent of what eight and

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Speaker 1: half percent of the smaller.

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Speaker 2: Market correct, So there's still we're selling less of everything,

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Speaker 2: but we're selling a lot lease of evs.

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Speaker 1: Are you putting this down forget the EV thing for

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Speaker 1: a moment, just overall, Are you putting this down purely

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Speaker 1: to the cost of living crisis?

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Speaker 2: I think so yes. I think this is comics, and

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Speaker 2: I think the impact is bitten in from the interest

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Speaker 2: rates in the ocr.

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Speaker 1: And there's money a problem. I mean, do you break

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Speaker 1: those sort of figures down people who finance cars and

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Speaker 1: stuff and they can't get it, can't afford it, whatever

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Speaker 1: the case may be, is that is that a handbreak

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Speaker 1: as well? No pun intended.

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Speaker 2: I think overall business and consumer confidence is low right now.

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Speaker 2: I don't know that there's many people that either have

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Speaker 2: funds or want to buy vehicles right now, and that's

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Speaker 2: a shame because vehicles have never been at bit of prices.

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Speaker 1: Exactly. There are deals to be done, aren't they. Amy

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Speaker 1: appreciate the insighte Amy Wiley, Motor Industry Association CEO, just

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Speaker 1: to give you an insight on the EV's. The biggest

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Speaker 1: selling EV of the month was the byd at O three.

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Speaker 1: They sold forty seven of them and there will be

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Speaker 1: a lot of pre orders. Australia. Interestingly enough numbers came

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Speaker 1: out yesterday. They've been on a tear. They've been on

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Speaker 1: the longest increased streak for twenty years, but in June

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Speaker 1: they had their first decline for fourteen months. Across in America.

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Speaker 1: Ford gave you GM yesterday Ford Q two. They're up.

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Speaker 1: They're still buying more cars, truck sales, truck sales with engines,

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Speaker 1: what a surprise, three hundred and eighty nine hundred and twenty.

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Speaker 1: So they're selling more. Australia selling less, We're selling way less.

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