CANBERRA – Rising interest rates and fuel prices did not stop Australians from buying record numbers of vehicles in March. The Federal Chamber of Automotive Industries says sales of 86,426 new vehicles for the month were up 0.4% on the previous record of 86,046 units set in like-2004. First-quarter sales totaled 237,000 units, 4.5% (10,280 deliveries) ahead of prior-year’s 226,700. The Australian market saw a record 955,215 sales in 2004, and the chamber is predicting the number will ...
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