Low Consumer Demand Placing Pressure on NVES
Australia recorded 94,993 new vehicle sales during February, a drop of 9.6 per cent on the same month last year, as consumer demand remains subdued amid cost-of-living pressures. FCAI Chief Executive Tony Weber said that strong consumer preference for SUVs (60.4 per cent) and Light Commercial Vehicles (22.5 per cent) continued while sales in the […]
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5 March 2025