July car sales fall, WA worst

ABS data released indicates a fall in new vehicle sales of 1.3% for July, seasonally adjusted, which is a reversal of June’s rise of 3.8% and slightly less than the expected fall of 1.5%. Year-on-year results were brighter with the July figure of 3.7% not much less than the June figure of 4.0%. WA declined the most in year-on-year terms as the fallout from the end of the mining boom continues to wash through its economy.