Australia's new vehicle sales dip 1.5% in April
[SYDNEY] Australian new vehicle sales dipped 1.5 per cent in April to end two months of gains, though demand for sports utility vehicles stayed strong.
Monday's data from the Australian Bureau of Statistics showed 94,888 new vehicles were sold in April, seasonally adjusted, compared to March when sales rose an upwardly revised 0.7 per cent. Sales were 2.8 per cent higher than in April last year.
Sales of sports utilities rose 7.4 per cent in April, from the previous month, to be 20 per cent higher from a year ago.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Renault Q1 sales rise 1.8%, helped by financing business
Honda to build major EV plant in Canada
Elon Musk’s robotaxi dreams plunge Tesla into chaos
Boeing expects slower increase in 787 production rate and deliveries: memo
Tesla cuts marketing team in reversal of Musk’s ad strategy
Former JetBlue CEO Hayes to lead Airbus in North America