Australia new vehicle sales up sharply in Jan-industry

Newswire

SYDNEY, Feb 3 (Reuters) - Sales of new vehicles in Australia rebounded in January, with sales of sport utility vehicles surging by almost 30 percent in a sign consumers felt confident enough to spring for big ticket items. The Australian Federal Chamber of Automotive Industries said sales in January were up 4.3 percent on a year before at 76,783. That was 6.9 percent lower than sales in December, largely because holidays mean January has fewer selling days. Adjusted for seasonal factors, ...

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