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 ...
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