Australia’s new light-vehicle sales plunged to their lowest level in eight years in June, as the shortage of cars and parts resulting from the Japanese earthquake and tsunami continued to stall the market. Overall LV deliveries in the month slid 11.6% from year-ago to 96,157 units, well below prior-year’s record 108,722, according to the Federal Chamber of Automotive Industries. FCAI CEO Andrew McKellar says the results make clear June sales continued to be affected by supply ...
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