Australian new car sales rose in August

By Leith van Onselen

The Australian Bureau of Statistics (ABS) has just released new motor vehicle sales for the month of August, which registered a 0.8% seasonally adjusted rise over the month but only a 0.2% increase over the year (see next table).

As shown above, sales rose in five states and territories and fell in three.

Car sales remain in a weakening uptrend driven almost entirely by strong growth in sales of Sports Utility Vehicles or SUVs (4WDs):

The trend also remains up in all mainland states, although it too has clearly weakened with the exception of New South Wales:

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