The Australian auto industry predicts 2010 will be a year of consolidation, following a 7.4% drop in 2009 sales to 937,328 units – the lowest level in seven years. The decline came despite a federal tax break to businesses that boosted December vehicle sales 15.9% to a record 88,708. Yet, last year’s result still surpassed auto makers’ expectation by some 57,000 vehicles. “Given all the challenges and uncertainties thrown at the industry by the global economy, this (annual sales ...

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