Australian new-vehicle sales fell 3.4% to 483,160 units in the year's first half, driven down by record high fuel prices and an interest rate hike. Sales of imported light and small cars saved the industry from an even larger slump, rising 19.6% and 2.8%, respectively. Sales of medium and large 4-wheel-drive vehicles slid a combined 17.0%. Large-car sales fell 22.0%, but Mitsubishi Motors Australia Ltd.'s 380 sedan was a bright spot, selling 1,569 units for its best month this year. ...
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