Oz April Sales Slump as Fuel Prices Rise

CANBERRA – Holidays and record-high fuel prices saw Australia’s new-vehicle sales plunge 10.2% in April to 68,650 units, leaving year-to-date deliveries down 3.4% at 303,255.

Daily sales of 3,120 new vehicles dipped 4.8% from a daily selling rate of 3,277 units in March.

“There are some one-off factors at play here, including Easter falling in April this year, instead of March, which meant there were three fewer selling days,” Federal Chamber of Automotive Industries CEO ...

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