Australian new-vehicle sales fell 3.4% to 483,160 units in the year's first half, driven down by record high fuel prices and an interest rate hike. Sales of imported light and small cars saved the industry from an even larger slump, rising 19.6% and 2.8%, respectively. Sales of medium and large 4-wheel-drive vehicles slid a combined 17.0%. Large-car sales fell 22.0%, but Mitsubishi Motors Australia Ltd.'s 380 sedan was a bright spot, selling 1,569 units for its best month this year. ...
Premium Content (PAID Subscription Required)
"Oz New-Vehicle Sales Decline in First Half" 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:
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!
Current subscribers, please login or CLICK for support information.