Tuesday, July 5, 2016

Australia new vehicle sales climb to record in June-VFACTS

SYDNEY, July 5 (Reuters) - Sales of new vehicles in

Australia hit a record in June as seasonal price competition

boosted demand for SUVs and commercial vehicles, a sign

consumers still had the confidence to splash out on big ticket

items.

The Australian Federal Chamber of Automotive Industries'

VFACTS report on Tuesday showed 128,569 new vehicles were sold

in June, up 2.2 percent on June last year. Both months had the

same number of selling days.

Sales were up 33 percent on May. June is

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