The Australian new-vehicle market burned rubber in June, with record sales up 5.7% to 108,722 units from 102,847 year-ago, prompting the industry to raise its full-year 2010 forecast closer to 1 million units. Federal Chamber of Automotive Industries CEO Andrew McKellar says the month’s performance is a clear demonstration of renewed confidence in the marketplace. “Today’s result eclipses the previous June monthly record set in 2008 by 2,181 units to become the highest-selling month in ...

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