Connect with us

Business

Kia Australia predicting new-car sales to start recovery before 2021 as Seltos runs hot and new Sorento arrives – CarsGuide

While the COVID-19 pandemic is wreaking havoc on the Australian new-vehicle market, especially in Victoria, Kia Australia believes sales will begin improving before next year

Published

on

While the COVID-19 pandemic is wreaking havoc on the Australian new-vehicle market, especially in Victoria, Kia Australia believes sales will begin improving before next year.
The Australian new-vehicle market was down 20.4 per cent to the end of August, but Kia Australia is estimating itll have declined 17.6 per cent when 2020 is over. This means itll only decrease 12.0 per cent in the final four months of this year.
With 876,000 new vehicles projected to be sold in 2020 (compared to 1,062,86…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending