Australia vehicle sales up 10.5 pct yr/yr in Nov
SYDNEY, Dec 5 (Reuters) - New vehicle sales in Australia rose 10.5 percent in November over the same month last year, the Australian Federal Chamber of Automotive Industries said on Wednesday.
In original terms, sales rose 3.1 percent in November compared to October. Adjusted for seasonal factors, sales were up by 1.2 percent, VFACTS said.
The VFACTS report said 963,732 vehicles had been sold in the year so far, 8.8 percent ahead of the same period in 2006. The November result equated to a seasonally adjusted annualised rate of 1.047 million vehicles
Details of the VFACTS report:
Nov Oct m/m pct Nov 06 y/y pct
Sales 92,081 89,289 +3.1 83,297 +10.5
Sales by Type: Oct '07/Oct '06 Volumes
Change Pct Change
Passenger Vehicles +2,345 +4.5
Sports Utility +2,509 +16.5
Light Truck +3,125 +23.5
Heavy Commercial +805 +27.1
Toyota Motor Corp. (7203.T: Quote, Profile, Research, Stock Buzz) retained the top sales position in November with a 22.8 percent share, and held a 22.4 percent share for the year so far.
The Holden unit of General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) took second spot in November with a 13.6 percent share, while Ford Motor Co. (F.N: Quote, Profile, Research, Stock Buzz) came third with 10.0 percent. (Reporting by Wayne Cole; Editing by Jonathan Standing)
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