SUV sales maintain momentum in October
Passenger vehicle sales fall for third consecutive month.
Australian car sales rose slightly in October 2016, despite consecutive months of decreasing passenger vehicle purchases.
The latest Australian Bureau of Statistics (ABS) figures revealed slight gains (0.3%) in overall vehicle sales across the country, supported by another monthly rise (1.4%) in sports utility vehicle (SUV) sales.
Passenger vehicle sales (-0.7%) decreased for the third consecutive month, while sales of other vehicles (-0.1%) also fell during October.
Sales of sports utility vehicles (SUVs) had been falling rapidly since the beginning of the year, seemingly ending Australia's love affair with SUVs. However, the decline in SUV sales was reversed in August and as the weather began to warm up in September, sales rose again.
NSW, Victoria, South Australia and Tasmania all witnessed modest monthly gains in overall vehicle sales throughout September, while Queensland (-0.60%), Western Australia (-0.39%), the ACT (-0.98%) and the Northern Territory (-1.46%) recorded minor falls.
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