SUVs defy new car sales bust

This week’s new car sales figures for 2019 from the Federal Chamber of Automotive Industries (FCAI) reported a disastrous 7.8% annual decline in sales compared to the 2018 calendar year, with annual sales also 11.5% lower than their March 2018 peak:

In fact, the last time annual new car sales were at this level was June 2012.

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