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Car sales Up in Australia

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Australian motor vehicle sales are on course towards a new all-time sales record following another strong result in April.

Official VFACTS figures released today by the Federal Chamber of Automotive Industries (FCAI) show that 75,614 cars, trucks and buses were sold in April, up 6964 or 10.1 per cent on the same month last year.

So far this year the car market is up 9.0 per cent on the first four months of 2006 and up 5.5 per cent on the same period in the record year of 2005.

"On the present bullish sales trends it is very likely that by the end of 2007 we will reach one million annual motor vehicle sales for the first time ever," said FCAI chief executive Peter Sturrock.

Link: http://www.fcai.com.au/media/2007/05/00000135.html

Edited by Pontiac Custom-S
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