New Motor Vehicle rose by 1.9%

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Wednesday, Apr 19 2017

New Motor Vehicle rose by 1.9%

New Motor Vehicle sales were up by 1.9% in March, in seasonally adjusted terms. The March 2017 trend estimate (96,023) decreased by 0.3% when compared with February 2017. When comparing national trend estimates for March 2017 with February 2017, sales for Sports utility vehicles and Other vehicles increased by 0.2%and 0.5% respectively.

By contrast, sales for Passenger vehicles decreased by 1.3%. The largest downward movement across all states and territories, on a trend basis, was in Tasmania (-1.9%), continuing a downward trend that began in November 2016. The Northern Territory was the only jurisdiction not to record a decrease in sales.

More in this category: « US Industrial Production rose by 0.5% Eurozone CPI down in March »

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