Australian new-vehicle sales rose 4.1% to a July-record 90,235 units, but the industry says the result was lower than expected because of changes to the federal fringe-benefits tax. Federal Chamber of Automotive Industries CEO Tony Weber says even after only half a month, the industry was seeing sales impacted by the FBT change. “The full impact, however, will take some time to completely work its way through the sales figures,” he says in a statement. Under the changes, ...
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