Australian motor vehicle sales rose 0.5 pct in April


SYDNEY, May 22 (Reuters) - Australian new motor vehicle sales rose a seasonally adjusted 0.5 percent in April compared with the previous month, the Australian Bureau of Statistics said on Monday. In April, 79,734 vehicles were sold, compared with revised March sales of 79,336, to be 4.7 percent lower than a year earlier. In trend terms, April sales fell 0.2 percent on the previous month. The Federal Chamber of Automotive Industries had already reported that April sales fell 21.2 percent ...

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