fbpx

BLOG

car price rises

Car Buyers Face Car Price Rises On New Vehicles.

Published on:08/13/19

The AUD dipped to a 10-year low against the United States dollar this week thanks to the US trade war with China.

The Australian currency has now been devalued by up to 30 per cent against major currencies such as the US dollar and Japanese yen since about 2014.

Australian car distributors are now caught in the middle between the higher cost of imported vehicles and softening sales demand in the showrooms, where sales volume has fallen by 7.7 per cent this year after running at record or near-record levels for several years.

The car companies in Australia are caught due to the higher import costs and the reduction of sales, causing a precarious position for all.

See the original article here

For industry related news please follow our blog,  Twitter Or Facebook.

www.nationalcarbrokers.com.au

 

ENQUIRE NOW

  • ENQUIRE NOW WE’RE HERE TO HELP

GREAT,THANK YOU!

We have received your message, and we'll get back to you shortly.
For urgent matters, please give us a call on 1300 922 022.