Australia New Motor Vehicles Rise 1.8% In November

The total number of new motor vehicle sales in Australia was up a seasonally adjusted 1.8 percent in November compared to the previous month, the Australian Bureau of Statistics said on Tuesday - standing at 94,978.

That was shy of forecasts for 2.5 percent following the 0.7 percent decline in October.

By classification, sales of sports utility vehicles spiked 5.1 percent, while other vehicles climbed 2.0 percent and passenger vehicles eased 0.1 percent.

On a yearly basis, sales were down 0.5 percent after shedding 3.1 percent in the previous month.

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