While annual new car sales have collapsed for 27 consecutive months, hitting their lowest level in a decade:
CommSec’s luxury car sales index rebounded to its highest level ever in June; although they were still down year-on-year:
Sales of luxury marques hit peak levels of 106,658 units in the year to December 2016. But from there it was all downhill. In the year to June 2019, rolling annual luxury vehicle sales were down 13.1 per cent on a year earlier, hitting 4-year lows.
