The economy finally catches up with the Australian auto industry as August sales dive 12.3% to 77,324 units from year-ago’s 88,206. VFACTS figures released by the Federal Chamber of Automotive Industries show the latest result leaves year-to-date new-vehicle deliveries up a scant 0.7%, to 703,995 units. “The August downturn reflects the broader slowdown in domestic demand, which is largely attributable to previous interest-rate rises,” FCAI CEO Andrew McKellar says. The Reserve Bank ...

Premium Content (PAID Subscription Required)

"August Sales Slow Australia’s New-Car Momentum; NZ Market Stalls" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.