Australia sets new-car sales record in June

Car buyers were on the accelerator until last Saturday. Now the motor industry is bracing for a buyer backlash and price rises.

The Federal election failed to put the brakes on new-car sales in June.

It was the single thickest month in Australian automotive history, with 128,569 vehicles delivered – up by Two.Two per cent on the previous record set in 2015, according to figures supplied by the Federal Chamber of Automotive Industries. (more…)