Tesla has No.3 selling vehicle in Australia as new car sales jump

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

Australia Headlines News

Australia Latest News,Australia Headlines

Rate rises aren’t putting the brakes on new vehicle buyers, with sales up 12.3 per cent in September compared with a year ago.

FCAI chief executive Tony Weber said the number of battery electric vehicles sold in September signalled that a growing number of Australians were opting to make concrete decisions on “decarbonising their transport choices”.

He said the supply backlogs which curtailed the supply of new vehicles of all types into the Australian market were starting to free up, but there were still delays caused by theThe Victorian market in September showed the biggest improvement compared with the COVID-affected market a year ago, with sales up 23.8 per cent to 25367. NSW also made a big leap forward with sales up 20.8 per cent to 28,945. Queensland was up 2.9 per cent to 20,634.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank slows the pace of interest rate risesThe Reserve Bank elects to slow the breakneck pace of interest rate rises, with the sixth straight hike being 0.25 of a percentage point instead of the widely expected 0.5. Here comes 60c dollar Aussie dollar to plummet ..Albos jet fuel will cost more. Philip Lowe is truly Australia's Arthur Burns, Lowe's timidity will ensure this goes higher for longer....what is he waiting for a British style crash?
Source: abcnews - 🏆 5. / 83 Read more »

RBA takes time to assess interest rate risesOPINION: RBA governor Philip Lowe is easing his foot off the accelerator and taking time to assess the impact of the most aggressive monetary policy tightening since the early 1990s. LoweMustGo He said he couldn’t see rate rising until 2024. And what’s more…he spent $500bio+ putting money where his mouth was through buying Apr24 bond 0.1% and the TFF. But now he says…”you misunderstood what I said” and the RBA is in negative equity. Lowe. Is. A. Joke. Because they got it wrong It’s more like he’s asleep at the wheel
Source: FinancialReview - 🏆 2. / 90 Read more »

RBA interest rates: Darkening global economy argues for caution on rate risesThe Herald's View: After five months of lifting official rates at the fastest pace since the early 1990s, the Reserve Bank of Australia on Tuesday gave some strong hints that this trend is slowing down But... but... the RBA said rates wouldn't rise until 2024. 🙃
Source: smh - 🏆 6. / 80 Read more »

Rate rises push house values lower across Melbourne, except in one suburbRising interest rates have pushed house values lower in every Melbourne suburb analysed, except for one that is defying gravity five months since the first hike, new figures show. | heagney_melissa and Kate Burke
Source: theage - 🏆 8. / 77 Read more »

'Designed to cause hardship': why the Reserve Bank isn't done yet - ABCThe barrage of interest rate rises continues, with the Reserve Bank lifting the official rate for the sixth consecutive month. The rate rises aim to hold back inflation, but they risk hastening an economic downturn. Today, Alan Kohler, on how new home owners are caught in the middle. Featured: Alan Kohler, ABC TV news finance presenter and editor-in-chief, Eureka Report Banks also charge above interest rates. So why do they need to pass on the increase? The middle class get raided again the OZ media needs to take a course in finance
Source: abcnews - 🏆 5. / 83 Read more »

RBA returns to ‘business as usual’ 0.25pc rate riseBREAKING: The Reserve Bank returned to a “business as usual” 0.25 percentage point increase in the official interest rate on Tuesday, as it slowed rate rises to assess the economic outlook.
Source: FinancialReview - 🏆 2. / 90 Read more »