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PMC's Aussie Car Blog

August 2022 New Car Sales Review - Part 1

Although the new car industry continues to face headwinds in the way of supply chain bottlenecks, elevated inflation, and rising interest rates, August showed some of the first signs of real improvement despite production cutbacks for the likes of Honda, Mazda, and Toyota. Sales for the month were back at their highest in any given August since 2017, which according to FCAI chief executive Tony Weber, “gives h...

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