Ute-buying rush lifts car sales out of 31-month slide
A ute-buying frenzy underpinned a strong rebound in new vehicle sales in November which ended a run of 31 months of consecutive declines in an industry that had already been battling before the pandemic.
The instant asset write-off tax break scheme implemented by the federal government had a big effect along with rising confidence levels as the coronavirus pandemic came under control in Australia and Victoria moved out of lockdown.
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