New vehicle sales weaker in July
July's new vehicle sales in Australia dipped 7% from June according to the latest figures from the Australian Bureau of Statistics (ABS).
Total sales fell to a seasonally-adjusted 75,006 vehicles in July from 80,559 in June and 83,976 in July 2008, a drop of 10%, ABS said.
The only month-on-month increase in sales came from the Northern Territory which sold 795 vehicles in July, up from 740 in June.
Tasmania recorded the biggest month-on-month decline of 16% while New South Wales posted the smallest fall of 5.2%, the figures showed.
Ongoing weakness in new car sales contributed to a 18% decline in the number of vehicles moved by Asciano's car transportation division in fiscal 2009 (see full report).
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