Subscribe to RSS feedNew 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).
| Tweet |
Daily Top Stories
- INTERNATIONAL: Seanergy agrees three more ship sales with its bank
- INTERNATIONAL: Second-quarter catastrophe looms for carriers
- INTERNATIONAL: Asia-Europe box rates dip into negative territory
- Proponents sought for Moorebank Intermodal Terminal
- ASIA: Indian ports tied up in red tape
- ASIA: KDB may rethink purchase of STX Pan Ocean stake
- ASIA: Japan doubles its export orders in April
- Forwarder charged with drug smuggling
