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PMC's Aussie Car Blog

August 2020 New Car Sales Review - Part 1

Although the new car market remained sluggish throughout August, there were some positive takeaways from the latest industry sales figures. That came as motorists and industry groups responded to the government’s stimulus packages. Nonetheless, the circumstances in Melbourne proved a major challenge as expected, with FCAI chief executive Tony Weber citing that it was “particularly difficult for our membe...

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Second-Hand Car Prices Reach a Record High…and that’s good for New Car Buyers

  The impact of COVID-19 has brought about many changes to our daily lives, however, there is also one trend playing out in the second-hand car market. Spurred on by a surge of motorists who are looking to avoid using public transport, vehicle ownership is on the rise...and a large driver of that is coming from second-hand cars.   The latest research from Moody’s Analytics points to a significant j...

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July 2020 New Car Sales Review - Part 1

While the impact of lockdown measures in Melbourne was only partly felt throughout July, there was a marked improvement in buying sentiment across the rest of the nation. The new car industry showed some signs of life, and that comes despite stock shortages that ultimately weighed on overall results. Total new car sales July’s new car sales fell 12.8% year-on-year, with the total number of vehicles sold comin...

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