Tag Archives: carsales

Vehicle sales affected by weak consumer confidence & Gen Y habits

New motor vehicle sales in Queensland in August were almost 9% lower than in August 2013, according to ABS data released yesterday. There are at least three contributing factors: persistently weak consumer confidence (see Consumer sentiment slumps as budget worries … Continue reading

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Lack of consumer confidence reflected in new vehicle sales – but trend towards SUVs continues

Anxious consumers and businesses remained reluctant to purchase new motor vehicles in May, with new vehicle sales 2.1% lower than in April and 4.3% lower than in May 2013 (see ABS summary). Both vehicles for personal and business use appear … Continue reading

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