Australia: Industry posts record December

Given the low level of automotive sales in December 2008, last month saw the Australian automotive industry post record sales of 88,708 vehicles, up 15.9% compared with 76,510 units sold a year earlier. This boost could, however, only reduce the year-on-year rate of decline for the full year 2009. Last year, It’s time to log … Continued

Given the low level of automotive sales in December 2008, last month saw the Australian automotive industry post record sales of 88,708 vehicles, up 15.9% compared with 76,510 units sold a year earlier.

This boost could, however, only reduce the year-on-year rate of decline for the full year 2009. Last year,

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