New vehicle sales in Australia bounced back last month, growing...

New vehicle sales in Australia bounced back last month, growing 6.4 per cent to a new May record of 102,901 units.
The strong return to form in May improved the year-to-date (YTD) differential this year too. YTD sales are now only 0.9 per cent down on 2016 – which was a record year.
According to VFACTS numbers released by the Federal Chamber of Automotive Industries (FCAI) today, SUVs and light commercial volumes both grew by 9.4 per cent over May 2016.