Motor vehicles sales in Western Australia for the year to November are down 8.5 per cent on the same period last year, with sports utility vehicles the only part of the market that held up.
Lower petrol prices have not accelerated new vehicle purchases in Western Australia, with sales down 6.1 per cent in February on the same period in 2014.
New car sales in Western Australia have had a poor start to the year, with the passenger and heavy commercial markets contracting sharply and indicating that consumers and local businesses alike are tightening their belts.
Engine technology developer Orbital Corporation has filed court documents in the US against major car industry players Mercedes-Benz and Robert Bosch over alleged patent infringements concerning its direct injection technology.
Western Australian new vehicle sales are down 10.2 per cent for the month of August, according to a report from the Federal Chamber of Automotive Industries.
FEATURE: Mining sector players are creating innovative solutions – particularly in the iron ore, uranium, and base metals areas, and the graduate labour market – to deal with the changing economic environment.
Consumer confidence within Western Australia has slumped to near record lows with the closure of high-profile businesses on the east coast and the prospect of higher interest rates rattling households.
The Toyota saga is a good example of the employment flexibility required to survive and prosper in the modern economy – and what can happen when it's missing.
