New vehicle sales in April set a record as demand continues to rebound strongly in a further signal of an accelerating economy.
The Federal Chamber of Automotive Industries’ latest monthly sales figures released on Wednesday, showed a sharp rise to 92,347 vehicles, in a month which historically registers sales between 70,000 to 80,000 in pre-pandemic times.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
