Australian new-vehicle sales in January slid to 67,079 units, down 16.5% from year-ago, representing the seventh-straight monthly decline and the lowest total for the month since 2004. The latest tally comes after an 11.0% decline in December and a 22.0% drop in November from like-2007. The continuing impact of the global financial crisis forced the downturn, but the industry hopes new fiscal measures announced by the federal government will help to stabilize the market, the Federal ...

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