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Market Insight: Searching for positives

Uppercut: Toyota’s new RAV4 was the highest-selling SUV in Australia last month, helping the market-leading brand defy the current slowdown with a 5.7 per cent sales increase across its range.

Positive results can be found in the latest sales data for weak new-vehicle market

Market Insight logo13 Aug 2019

-A SLOWING rate of decline for the struggling Australian new-vehicle market in July is no cause for celebration, but there were positive signs on various fronts that could point the way to a recovery of sorts in the months ahead.

 

-Granted, the 83,184 new registrations recorded last month was the lowest July result since 2011 and, yes, the 16th consecutive month in which a negative result has underlined the industry’s sales performance.


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