The Reserve Bank of Australia has chosen to keep interest rates unchanged today at 0.25 per cent, despite news of over 1 million job losses nationwide and a 48.5 per cent drop in car sales.
New vehicle sales in Western Australia fell 2 per cent last month and 5.4 per cent during 2019, with national sales crashing to their lowest since 2011.
Western Australian automotive sales have gone against the national trend for the month of July, down nearly 13 per cent on those of July 2014, despite a national increase in sales.
New vehicle sales in Western Australia continue to perform far below last year, with year-to-date sales down 7.9 per cent for the same period in 2013, according to new figures from the Federal Chamber of Automotive Industries.
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.
New vehicle sales are on the rise, with new data showing 4.8 per cent more cars were sold in the six months to June 30 than the same six month period last year.
