(RTTNews) - The sale of new motor vehicles in Australia was up a seasonally adjusted 3.3 percent in December compared to the previous three months, the Australian Bureau of Statistics said on Thursday, coming in at 89,741. That follows a 3.7 percent monthly increase in November.On an annual basis, new motor vehicle sales were up 17.2 percent after gaining 15.8 percent in the previous month.
On month, other vehicles increased by a seasonally adjusted 14.2 percent, while sports utility vehicles increased 3.8 percent. Passenger vehicles decreased 1.6 percent over the same period. On year, other vehicles increased 38.6 percent, while sports utility vehicles increased 36.7 percent and passenger vehicles increased 3.0 percent.
By region, Tasmania recorded the largest percentage increase, rising by a seasonally adjusted 17.9 percent, followed by New South Wales and Queensland, with increases of 5.6 percent and 5.5 percent, respectively. The Northern Territory reported the largest decline, plunging 9.3 percent.
from: forextv.com
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