Australia’s new-vehicle sales rose 11.1% in April to a record 84,061 units, helped by extra selling days. Releasing its official VFACTS figures for the month, the Federal Chamber of Automotive Industries (FCAI) says car buyers appear to be undeterred by the country’s recent rise in interest rates. “While the April result was boosted by the early timing of Easter, which fell in March, the underlying sales trend remains notably strong and resilient,” Chamber CEO Andrew McKellar says in a ...

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