SUV sales speed up in September
Sales of passenger cars continue their downhill trend.
Australian car sales rose modestly in September 2016, despite decreasing volumes of passenger vehicles purchases.
The latest Australian Bureau of Statistics (ABS) figures revealed slight gains (0.4%) in overall vehicle sales across the country, supported by a solid rise (1.6%) in sales of sports utility vehicles (SUVs) and other vehicles (0.1%).
Passenger vehicle sales (-0.4%) decreased for the second consecutive month.
Sales of sports utility vehicles (SUVs) had been on a negative trajectory since the beginning of the year, signalling an end to Australia's love affair with SUVs.
However, in August we reported SUV sales had bounced back and it doesn't look to be slowing again anytime soon.
All states and territories witnessed modest monthly gains in overall vehicle sales during September, aside from the ACT (-1.03%) and Queensland (-0.02%).
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