VFACTS: November 2019 sales results

New vehicle sales in Australia fell for the 20th successive month during November. Consumer confidence is at a low and some dealers are discussing the topic of a consumer recession. VFACTS numbers released by the Federal Chamber of Automotive Industries (FCAI) this morning show the market for new vehicles dipped 9.8 per cent for November, to 84,708 sales. Annually the tally sits at 978,628, down 8.2 per cent on 2018’s running total.