ipl-logo

Roy Morgan Single Source Survey

407 Words2 Pages

More Australians have made plans to buy a new car this year, according to Roy Morgan. But as well as considering the costs of car loans and financing for their new vehicles a growing number of Aussies are also considering vehicles with alternative fuel supplies.

More new car purchases forecast for 2018
The results of the Roy Morgan Single Source Survey show that as of December 2017, the number of Australians intending to buy a new vehicle in the next 12 months grew by 44,000 to 614,000 – a 7.7% increase on the results from the same time last year.

Looking at the longer term, Australian car buying intentions over the next four years were found to have dropped by 2.29% to 2.26 million from the same time last year. However, with the industry experiencing record sales in 2017 …show more content…

Preference levels for hybrid (petrol and electric) cars was up by 4.7% points to 5.2%; fully electric cars by 3.0% points to 3.1%; and LPG-fuelled cars from 0% to 0.6%.

The challenge ahead
Roy Morgan industry communications director, Norman Morris, said that while the new vehicle market has experienced growth over the past decade, it is now facing the challenge of rapidly changing technologies and fuel preferences:

“Most manufacturers are ramping up their development in areas such as electric vehicles and driverless cars but it will ultimately be the consumer that will determine who the winners are.”

“We have already seen some early signs of changes in this industry, particularly in the very rapid changes in fuel preferences, the move aware from cars to SUVs and the speed and range of new models entering the

Show More
Related
931 Words | 4 Pages

Ayaan. Khan The Marrow Thieves Essay Introduction: Adulthood marks a profound period of transformation and growth. In the novel "The Marrow Thieves," the characters face difficult decisions that lead to personal development and emotional resilience. Frenchie, the main character, undergoes a remarkable journey from a fearful boy to a courageous leader.

Read More
700 Words | 3 Pages

Throughout this analysis, it was found that the market size has grown in both revenue and popularity. Demographically the market is on a global scale. Globally, “a final growth at the closing of this year is expected to be at a 9% increase in comparison to 2016” (Intelligence, 2017).

Read More
754 Words | 4 Pages

The fleet of vehicles consists of more than 6,300 hybrid and flex-fuel vehicles, which allows them to reduce their gasoline dependency by 60,000 gallons which contributed to a 25% decrease in greenhouse gas emissions in 2011 alone. Marketing & Sales (Primary

Read More
168 Words | 1 Pages

Another survey present that people were more inclined to buy automatic, high fueled cars than hybrids. This just goes to represent that society is playing a role in the high pollution

Read More
860 Words | 4 Pages

The first ever Hybrid car was created in 1900 known as the Lohner-Porsche, a car named after its designer German Ferdinand Porsche (Woodford). It wasn’t until 1997 that the first ever model was officially commercially invented and launched in Japan becoming a best-seller. From there engineers began producing models powered by gasoline and batteries, using less gasoline, all the while raising the fuel economy (Nakaya). Though the car does let out less emission, this factor raises prices by about twenty to thirty percent higher than gasoline cars and lowered performance rates. In more recent times, the year 2013 brought about the car company Toyota’s decision to sell more than five million hybrids all over the world, the US selling two million itself.

Read More
736 Words | 3 Pages

We believe this to be a reasonable assumption especially given 2014’s 200% increase when compared to 2013. We used historical sales/customer ratio to determine sales for 2015 onwards. Our research indicates that R&D expenditures in 2015 will nearly double compared to 2014. From 2016 onwards, we assumed a 50% reduction in R&D expenditures.

Read More
445 Words | 2 Pages

While this is an abundance of revenue coming in for these companies, the brand name drugs will not see a good amount of growth in income until the end of 2016. Up and until then, the generic drugs being distributed will see the most

Read More
1535 Words | 7 Pages

While technological advances are the overarching catalyst to human change throughout history, the individual personal adoption of such change can be intimidating and halting. In the context of environmental awareness and electric vehicles, we as a society are currently riding a high wave of forward-thinking change. John Fialka chronicles in Car Wars select individuals with the passion and courage to challenge the auto industry, an industry that had been rooted in the internal combustion engine since its creation by Henry Ford. As a result of the work of these people, the electric vehicle is only beginning to appear on modern day roads. The path to convincing Americans — and ultimately, the world — to drive electric is characterized by ambiguity and challenge, but is also crucial to salvaging the global environment.

Read More
1714 Words | 7 Pages

And, of course, such sales have been extremely lucrative: one

Read More
523 Words | 3 Pages

Fishing can be a very addictive exercise. A joy of catching a Halibut or King Salmon fish can be very satisfying. This is where Alaska Halibut Fishing Packages become an integral part of the whole fishing experience. These packages include a variety of activities such as fishing, lodging, wildlife adventures, etc. These are wholesome packages that are ideal for family vacations.

Read More
621 Words | 3 Pages

“Why Electric Cars are the Future” Introduction Attention Getter: It was Sunday at park, two college students were discussing about cars. One of them said that imagine about two decades ago, it appeared there was no effective alternative to the gasoline and oil, but now there is a better, cleaner, and more effective substitute to them: electricity. Although electric engines are not so widespread, more and more people consider changing their gasoline-fueled vehicles to electric cars. Then I discovered why electric cars are the future.

Read More
1977 Words | 8 Pages

Hybrid vehicles, or more specifically hybrid-electric cars, have been the centre of debate since the premier models made their debut back in the 1990s. Environmental activists have been quick to advocate the perks in terms of reduced emissions of greenhouse gases. On the other hand, critiques argue if the costly hybrid technology is worth the savings in fuel cost over the long-haul. Hybrid vehicles use two or more distinct power sources that work in tandem in order to create power. While there is a wide assortment of vehicles that run on hybrid power sources today, cars enjoy the most popularity among consumers.

Read More
1002 Words | 5 Pages

Global automobile sales forecasts project divergent market penetration rates of approximately 0.6 -0.9% for plugin hybrid electric vehicles (PHEVs) by 2015,

Read More
713 Words | 3 Pages

Cars have advanced a substantial level during the 21st century; the technological improvements that have been displayed in cars have led them to be the prime source of transportation. As we are growing, technology is evolving along the way as they have developed electric cars to benefit the earth and its atmosphere as gasoline cars harm the earth with the pollution that it causes. These two different types of cars are diverse in all the ways possible. Henceforth, there are a myriad of factors a consumer would encounter when choosing to purchase either of the two choices available based on; economical, environmental and location factors. There are certain economical advantages and disadvantages in the decision on either purchasing an electric

Read More
754 Words | 4 Pages

With the increase of gas prices in the past couple years, cars with better fuel economy were in high demand. The hybrid car started to become popular because of its fuel economy. A hybrid cars fuel economy is in some cases twenty percent more than its gas counterparts. The hybrid car had several people changing their minds about gas cars. Numerous went out and bought a hybrid car because of the car’s fuel mileage in the hopes of saving money.

Read More

More about Roy Morgan Single Source Survey

Related Topics

Open Document