Premium new car sales tumbling, here’s the data

Vehicle sales in Australia have returned to where they were five years ago, and it’s the premium market battling most for traction

It’s no secret the Australian new vehicle market is struggling, after enduring 11 successive months of negative growth compared to the corresponding month in the preceding year.

With factors like a weak housing market pinned with much of the blame, it should be no surprise luxury car brands are battling more than the more popular brands at the cheaper end of the market.

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