For a number of months, the Australian car market has been struggling under the weight of poor consumer confidence. However, a recent announcement from the Federal Chamber of Automotive Industries (FCAI) suggests the market is beginning to move in the right direction.
Local consumers bought close to 95,000 new passenger cars, SUVs and commercial vehicles in September. This represents an increase of 2.5 per cent over the same period in 2013.
It is interesting to note that this is the first positive result this year and signals the start of the warmer months where consumer are usually more willing to purchase a new vehicle.