Companies / Australia
Car Sales End Year On A High
January 2010 | Industry Trend AnalysisAustralia's new vehicle sales rallied in the latter months of 2009 to end the year just 7.4% down on the previous year, according to the Federal Chamber of Automotive Industries (FCAI) Thanks to tax breaks on vehicle purchases for small businesses, sales for December were the highest for the month on record, up 3.3% from November and 15.9% higher than December 2008. The incentives ended on December 31, generating a rise in demand as businesses beat the
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