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Australia New Motor Vehicle Sales Rise 1.9% In March

The total number of new vehicle sales in Australia was up a seasonally adjusted 1.9 percent on month in March, the Australian Bureau of Statistics said on Wednesday - coming in at 96,751.

That follows the 2.7 percent contraction in February.

Sales for sports utility vehicles added 0.2 percent on month, while other vehicles gained 0.5 percent and passenger vehicles fell 1.3 percent.

The largest downward movement across all states and territories was in Tasmania (-1.9 percent). The Northern Territory was the only jurisdiction not to record a decrease in sales.

On a yearly basis, sales slid 3.0 percent after falling 4.0 percent in the previous month.

by RTT Staff Writer

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