Australia's new-car market is finally splintering—and the majors didn't see it coming
One in three new vehicles sold in Australia last year came from brands outside the top 10, up from one in four in 2015. The fragmentation reflects a market that's stopped consolidating around Toyota and Ford, with buyers now distributed across EV startups, Chinese marques, and smaller specialists. When the big three lose grip this fast, it usually means the game's changing.
Market consolidation dying is either the start of something interesting or proof that nobody knows what they want anymore—probably both.