Business
Australian car dealerships face collapse – MacroBusiness
The Federal Chamber of Automotive Industries (FCAI) yesterday released new car sales for the month of July, which revealed that sales have collapsed to December 2009 levels following 28 consecutive months of decline: New car sales fell by 12.8% relative to th…
The Federal Chamber of Automotive Industries (FCAI) yesterday released new car sales for the month of July, which revealed that sales have collapsed to December 2009 levels following 28 consecutive months of decline:
New car sales fell by 12.8% relative to the same month of 2019, with annual sales volumes 22% below their March 2018 peak.
According to FCAI CEO, Tony Webber:
The Australian automotive industry, like many sectors in the Australian market, continues to face challenging and difficu…
