September VFACTS: Car market slows
Small slide: Mazda3 slipped as part of an unexpected small car drop that claimed the previously rampant Toyota Corolla.
AUSTRALIA’S raging new-car market appears to have finally lost some heat, with official VFACTS figures for September revealing only a 4.4 per cent increase compared with an average 8.8 per cent for the previous eight months. Having withstood the latest interest rate rise the previous month, it now seems that the cost of finance and perhaps the impending Federal election are finally starting to bite. ...continued