Australian new vehicle sales rise in March

16:06, April 14, 2011      

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Sales of new motor vehicle in Australia increased by 3.4 percent in March when compared with February 2011, official data from the Australian Bureau of Statistics (ABS) released on Thursday showed.

The ABS said on Thursday that 87,141 new motor vehicles were sold in March, up from 84,255 in February.

In the year to March, new motor vehicle sales rose 1.9 percent, according to the ABS.

Sales of new motor vehicles increased in five of the eight states and territories for March 2011 when compared with February 2011, the ABS said.

The Northern Territory recorded the largest percentage increase of 9.9 percent, followed by New South Wales and Queensland, both 6. 7 percent. Over the same period South Australia recorded the largest percentage decrease of 2.9 percent.

"It is expected that the flooding events will continue to have an impact on sales in both Queensland and a number of other states over the next few months as damaged vehicles are replaced," the ABS said in its latest report.

Source: Xinhua
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