Vfacts August 2020

[Syndrome]

https://www.caradvice.com.au/880060/...rst-time-ever/

Total new-car sales in August 2020 were down nationally by 28.8 per cent compared with the same month the previous year, with 60,986 vehicles reported as sold versus 85,633 in August 2019.

It was the 29th month in a row of year-on-year decline – the longest continuous slump since the Global Financial Crisis – and the weakest August result in 23 years, since 1997. It amounted to the third worst sales month so far this year.

Year-to-date, new-car sales are down by 20.4 per cent compared to the first eight months of 2019, with 575,906 vehicles reported as sold so far in 2020.