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Australia New Motor Vehicle Sales Sink 2.7% In February
New motor vehicle sales in Australia were down a seasonally adjusted 2.7 percent on month in February, the Australian Bureau of Statistics said on Wednesday - standing at 94,786.
That follows the 0.6 percent increase in January.
By category, sales for passenger vehicles fell 0.6 percent, while sports utility vehicles were down 0.5 percent and other vehicles shed 0.3 percent.
By region, the largest downward movement was in Tasmania (-2.6 percent), while the biggest gain came in the Northern Territory (0.1 percent).
On a yearly basis, sales dropped 4.1 percent after falling 0.9 percent in the previous month.
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