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Car sales skid in depressed climate

2015-10-02 10:10:46| Auto Dealers - Topix.net

The depressed economic environment, low business and consumer confidence and pressure on the disposable income available to consumers contributed towards new car sales slumping year on year by 13.2 percent to 37 309 unit sales last month. This is the sharpest decline in new car sales this year, which occurred despite the vehicle rental industry accounting for 21.9 percent or more than one in every five new cars sold in the month.

Tags: sales car climate depressed

Category:Automotive

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