Australia: Weak May compounded by impact of the tsunami

Combined vehicle sales in Australia worsened in May 2011, on the back of a 0.8% drop in March, followed by an 8.8% year-on-year decline recorded in April this year. Last month a total of 77,406 vehicles were sold in the country, 13.2% down on May 2010 levels of 89,218 units. "The Subscribe to Automotive World … Continued

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• June 3, 2011