You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

4 Oct 2019 (AFR) – New car sales extend fall to 18 months in a row

(4 October 2019, AFR, p21, Simon Evans, Senior Reporter)

‘New vehicle sales in Australia slumped again in September in a soft economy, with a 6.9-per-cent fall making it 18 consecutive months that the automotive market has been in reverse. The Federal Chamber of Automotive Industries said tougher lending restrictions by financiers and a soft economy had resulted in a 6.9-per-cent drop in sales to 88,181 vehicles in September, compared with the same month a year ago.’

Read more at (might need AFR login access, or try:

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: