New Car Sales up in March 2013

New car sales up in March says the report from the Australian Federal Chamber of Automotive Industries.

The facts of the automotive industry keep changing; sometimes the dice shows new car sales up or the other time shows new car sales down. It means that the up and down sector of automobiles is huge and plays important role in country’s economic condition. The Australian Federal Chamber of Automotive Industries reported and showcased that there is total new car sales up. The charts are skyscraping and the industry went into a slight profit.

The sales of new vehicles in 2013 were up in the month of the march for giving at around a figure of 7.4% from February. The Australian Federal Chamber of Automotive Industries says that the sales of new vehicles in 2013 March were 97,400 in comparison to 90,218 in February. There is seasonal factors adjustment that is the reason why sales got up by 4.7%.

If we compare to the last year12 the sales in the month of March then there was a fall at around 0.2%. The reason behind this is that this year we got three more days for selling. As per these bonus days the new car sales up got a hike of at around 11.1% in a day. The data represents higher sales of new vehicles in 2013 in comparison to the sales happened in March 12. The starting three months the sales of new vehicles in 2013 was on hike by 5% in comparison to the last year 12. The sales of new vehicles in 2013 were accounted a total record of 1.155 million.

Sports utility vehicle is going on a huge demand and thus it kept the new car sales up in March last year by 6.3%, despite of less selling days. The main reason behind the new car sales up in March was the awesome offers provided by the auto makers. Toyota car came on first position by making sales of 19.2%, Mazda stood second with 9.4%, and third position went to Nissan and Hyundai similarly by giving 8.6% of sales. Poor performers were Ford and General Motors by 8.5%.