Australian new-vehicle sales in March slid 17.1% to 75,650 units from prior-year’s 91,285, but the industry believes there may be a light at the end of the tunnel. “This result is certainly down on a year-ago, but the extent of the fall in the market appears to have stabilized somewhat in recent months,” Federal Chamber of Automotive Industries CEO Andrew McKellar says. First-quarter sales slipped 19.2% to 212,970 units. New-car deliveries declined 18.1% to 43,484 from 53,087 ...

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