Australian new-vehicle sales totaled a record 92,081 units in November, a 10.5% increase from 83,297 year-ago, the Federal Chamber of Automotive Industries reports. Year-to-date, new-vehicle deliveries were up 8.8% to 963,732 units. The market appears to have been unfazed by an interest rate hike last month, FCAI CEO Andrew McKellar says. “In addition, the timing of the federal election had little or no impact on buying intentions,” he says. “In historical terms, motor vehicles are ...

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