The Australian auto industry shrugs off concerns about the global economy and rising domestic interest rates and returns to its record-breaking ways in March, with new-vehicle sales up 25.2% to 94,744 units from year-ago. Strong sales across all vehicle segments resulted in a tally that bested the March record set in 2007 by 352 vehicles, the Federal Chamber of Automotive Industries reports. “This is an outstanding March result and provides further evidence that the marketplace is ...

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