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Financial News: Australia New Motor Vehicle Sales Unchanged In August

Australia New Motor Vehicle Sales Unchanged In August

09/17/2017 - 21:46:00 (RTTNews)

(RTTNews) - The total number of new motor vehicle sales in Australia was flat on a seasonally adjusted basis in August, the Australian Bureau of Statistics said on Monday - coming in at 99,564.

That follows the 2.0 percent decline in July.

Sales for sports utility vehicles added 0.8 percent on month, while sales for other vehicles gained 0.7 percent and passenger vehicles fell 0.4 percent.

By region, sales in the Northern Territory were up 0.9 percent on month, and down 0.6 percent in Tasmania.

On a yearly basis, sales climbed 1.7 percent after rising 1.8 percent in the previous month.

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