Business
Panic grips car dealers as sales collapse – MacroBusiness
The situation has gone from bad to diabolical for Australia’s new car dealerships, with the Federal Chamber of Automotive Industries (FCAI) reporting the 29th consecutive decline in new car sales in August: As shown above, new car sales have collapsed to arou…
The situation has gone from bad to diabolical for Australia’s new car dealerships, with the Federal Chamber of Automotive Industries (FCAI) reporting the 29th consecutive decline in new car sales in August:
As shown above, new car sales have collapsed to around Global Financial Crisis levels, despite the Australian population being 4 million people larger today than it was then.
Indeed, new car sales 29% year-on-year in August, with annual sales also tracking 24% lower than their March 2018 pe…
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