Asian Economic News

Australia New Motor Vehicle Sales Up 4.0% In June

The total number of new motor vehicle sales in Australia was up a seasonally adjusted 4.0 percent on month in June, the Australian Bureau of Statistics said on Monday, standing at 97,687.

That follows the flat reading in May.

On a yearly basis, new motor vehicle sales jumped 7.1 percent after adding just 0.2 percent in the previous month.

By category, sales of passenger vehicles added 3.7 percent on month, while sports utility vehicle sales gained 2.7 percent and sales of other vehicles jumped 6.6 percent.

By region, Queensland saw the largest percentage increase (5.3 percent), followed by New South Wales (4.9 percent) and the Tasmania (4.6 percent). Over the same period, the Northern Territory decreased by 4.1 percent.

by RTTNews Staff Writer

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