MELBOURNE – Australian new vehicle sales in May rose 12% year-on-year to 73,123 units. Federal Chamber of Automotive Industries figures show Holden Ltd. remained the market leader in May – its 17th consecutive month at the top. The result prompted the General Motors Corp. subsidiary to predict a record sales year. The auto maker says May sales of 16,082 units were the best result for that month since 1974. It captured a 27.6% share of the passenger vehicle market and 22% of total sales. ...

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