Australia's Car Industry IS PURE CHAOS Right Now...

Have you heard about Australia's NEW Car Market? It's going INSANE right now, with more drama than an episode of the Kardashians...

With 10 new brands entering the Australian car market (mostly from China), car companies like MG, BYD, and Tesla cutting their car prices, and unprecedented 10-year new car warranties, the Australian New Car Market is looking crazier than ever.

So why is the Australian market PURE CHAOS right now? Why is Australia the testing bed for all car brands in the world? Let's get into that in today's video!

--

--

⚠️ Watch me next ⚠️
Why the BYD Shark will FOREVER change the Truck Industry!
Mahindra THAR 5-Door HEAVILY LEAKED!
Visiting China for Cars! (And things get crazy!)

--

Here at CarSauce, we review every new car on the market. We are a community of sauce givers and we'd love for you to subscribe and join our community!

We give every car "the sauce", test their 0-100km/h, and see whether or not they are worth purchasing and spending your hard-earned cash on.

From time to time, we'll also buy a weird and wacky car and take you on the journey with me! We release videos every Sunday 5pm AEST / AEDT with the latest new car reviews!

Your feedback is important, so if you want to see us do something new or something you would like me to change let me know! Got a question for me? Leave it in the comments! I try and respond to them all!

[Martian]

So glad the "Luxury Car Tax" is still protecting the Australian car industry. We need to keep that tax to protect the.... the... Australian car industry? What are we protecting again?

[DYTM]

Funny how all these companies could afford to make such reductions in price and still stay profitable. So sick of companies screwing the consumer constantly.

[kurjan]

As someone who has lived in Europe, the Middle East and China... car prices in Australia are still far too high!

[hadtobe]

NO tariffs - have you forgotten Govt money making LCT which was introduced because of the ailing car industry. Now just a cash cow that no Govt wants to get rid of.

[pixelpotato]

Being the 2nd most expensive Country to buy a property after Hong Kong also gives Car Companies the impression that there are 26 Million Millionaires living on this Island 😂

[Tb]

The legacy brands have screwed us over for decades. Now that new competition is around the corner, we can see exactly how much we’ve screwed over in actual dollars. Screw them ! When it comes time for replacement of my car, they won’t be getting a look in from me.

[TheStagswag]

Car companies and dealers still riding that covid high suv demand, I'm really sick of suv's costing and arm and a leg for average products, give us sedans...

[kdegraa]

The main reason so many brands sell cars in in Australia is they make plenty of money in Australia with high margins.

[vangpham]

without the Chinese brands, do you think those EU and US brands would lower their prices? so keep on bashing anti china craps

[skaboosh]

I've never seen an episode of the kardashians and never will

[Coopsoldman]

Ok third generation dealer here. A lot of bad info here. Prices aren’t actually any cheaper than what they were before all the covid crap. Prices were high back then too you just NEVER got full retail for a new car unless you had a unicorn that was in demand. I’ve been in industry my whole life and Australia IS NOT a “testing ground” for other markets. It’s essentially a dumping ground that equates to manufacturers 1% of sales (except Mazda, we’re like 10% of their market and no one can work out why) they do not care what Australia does or thinks. Why do you think there was no diesel option for the Y62 patrol??? Prices are just going back to normal because the supply is returning to normal and everyone’s mentality here in the new car market is market share not profitability. We would literally average a few hundred bucks profit a unit every month and that’s including holdback (a manufacturers bonus for hitting goals basically).

[klausschroiff]

Well, the price war hasn't reached the popular ute and 4x4 market yet - or to be precise, the legacy player had no reason to lower their prices yet. Maybe the BYD Shark will change this.

[douglachman]

Are you kidding? Now Australia has more variety of available vehicles for our customers. Australia is the defacto market testing ground. Yes indeed. We are much better off without car manufacturers. The Tesla prices quoted are as shown in USdollars. However thats BS as our Teslas are sourced from China not the USA, which reduces the purchase price considerably. Made in America is expensive.

[firstprib]

1:00 It doesn't blow most informed minds. Australia's population is 1/10th that of america. So you expect car sales to be the same and it is.

[bobbyus]

It’s perfect for the consumers. May the best cars win

[jetnavigator]

You can offer a 10 year warranty when you know you won't be around in 10 years. Might as well be a 100 year warranty...

[Cptshad]

When I was buying my first car I wanted something not too expensive and reliable so I went to have a look at Toyota, maybe a rav 4 or kluger, the toyota dealership just look as if thet have the sentence "I am Toyota, I'm going to rip you off" on their face so in that sense more competition is absolutely needed here

[philiparmbruster]

Those tiny volumes will not allow for parts support or dealer training. So good luck if something goes wrong with one of the Chinese wonders. And in the USA EVs have been shown to have many more problems than most ICE models. So enjoy waiting weeks to months to have your car fixed.

[CorvusHyperion]

Fines for not having hybrids are typical government overregulation. Let the consumer decide what they want to drive.

[riprider]

One of the best, randomly played videos I’ve watched in a while - self-proclaimed economist here. What’s your opinion of how this will impact the used car market?