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Aussie market breaks 1 million

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Australian new vehicle sales have broken the 1 million mark, the first time such feat has been accomplished in November.

With 98,347 units sold last month, the industry’s previous record of 1.05 million – set in 2007 – looks set to be broken.

This year’s November figure represents a healthy 10.9% growth on the same period during 2011, and the year-to-date (YTD) total of 1,016,605 is up 9.8% compared to the YTD November 2011.

All segments saw growth. The passenger vehicle market totalled 51,652, up 10.6%. YTD sits at 526,237, up just 2.5%.

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SUV sales tailed off but were still buoyant with a total of 26,145 representing an 8.1% growth. YTD figures of 280,277 show the segment has grown 26.4%.

Light commercial sales of 17,506 translated into growth of 15.0%. YTD sales of 181,821 are up 10.2%.

Heavy commercial’s sold 3044, up 19.7%, the biggest monthly growth. YTD sales of 28,270 are up 10.1%.

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