Australian new-vehicle sales climbed 9.1% to 1,049,982 units in 2007, topping the 1 million mark for the first time, data from industry statistician VFACTS shows. The previous sales record of 988,269 units was set in 2005. “One million new-vehicle sales in a country of 21 million people is an impressive achievement and ranks as one of the highest rates of new-car purchase in the developed world,” Federal Chamber of Automotive Industries CEO Andrew McKellar says in a statement. The ...

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