Australian Car Market Continues Free-Fall
Australia’s Car Industry Takes Massive Hit Australians are simply not buying the number of vehicles they once did. 2018 saw almost 1.2 million sales, with 2019 failing to reach those dizzying heights. So far this year, sales have plummeted a further 20.7%, to 644,891 to the end of September. In industry body, FCAI, says restrictive lending saw 30 months of month on month falls. This year, COVID dealt a further blow.
