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PMC's Aussie Car Blog

July 2022 New Car Sales Review - Part 1

Supply chain constraints continue to weigh on overall new car sales across the nation, with dealers writing more orders than they have stock for deliveries. With that said, sales increased, even as the impact of rising interest rates begins flowing through to consumer buying activity, with foot traffic lower among the buyers that normally depend on finance to purchase a new vehicle. Commenting on the result, Federal...

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June 2022 New Car Sales Review - Part 1

While June is one of, if not the biggest month for new car sales every year, the industry remains hamstrung by stock shortages and lengthy delivery delays that all but put a line through most EOFY discounts last month. At the same time, rising interest rates are also starting to have an effect on new car buyers, with sentiment shaken by the RBA’s aggressive rate hike cycle. Speaking about last month’s re...

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