MELBOURNE — New vehicle sales dive 25.5% in July, as buyers begin the wait for next year's July 1 price drop, when the 22% wholesale sales tax is replaced by a 10% goods and service tax. Car prices are expected to fall on average 6.3% when the tax change occurs. July sales slid 21,566 units from June to 62,994 units. The figure is down 11.5% from the same month a year ago. Car sales fell 17.5% for the month, with Holden Ltd. leading at 12,600 units, followed by Ford Motor Co. at 10,405 ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.