Australian Bureau of Statistics (ABS) figures have revealed that November 2014 saw 92,324 cars sold in Australia – a decrease of 0.2% when compared with October 2014.
The trend estimate for year-to-date has new vehicle sales reaching the one million mark.
In seasonally adjusted estimates, November 2014 sales of 91,869 represent a decrease of 0.6% when compared with October 2014.
November sales of new cars reached their second lowest point for 2014, only surpassed by seasonally adjusted figures for August 2014 where sales reached 91514.
When comparing national trend estimates for November 2014 with October 2014, sales of passenger and other vehicles decreased by 0.5% and 0.7% respectively. Over the same period, sales of SUVs increased by 0.4%.
When comparing seasonally adjusted estimates for November 2014 with October 2014, sales of passenger and other vehicles decreased by 1.1% and 2.3% respectively. Over the same period, SUV’s increased by 1.3%.
According to ABS figures for November 2014 show that the ACT sold 1436 cars compared to 1505 cars in November 2013. It was also the second lowest month of 2014 after March and April where sales reached their lowest figures of 1429.
However , the ACT isn’t the worst state in Australia, that honour goes to Western Australia. According to the ABS: “Five of the eight states and territories experienced a decrease in new motor vehicle sales when comparing November 2014 with October 2014.”
“Western Australia recorded the largest percentage decrease (1.3%), followed by both Queensland and the ACT (0.6%). Over the same period, the Northern Territory recorded the largest increase in sales of 0.7%,” say ABS figures.
For all the in-depth information and complete figures for new car sales for November click here.
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