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VFACTS: January 2020 new car sales results

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The Federal Chamber of Automotive Industries (FCAI) has released VFACTS new car sales data for January, and the results don’t look pretty. The peak body recorded 71,731 sales, down 12.5 per cent over January in 2019, which was itself the worst sales-year since 2011. However, it would be safe to cite extenuating circumstances, not least the devastating bushfires that have naturally taken precedence for many people over buying that new car, plus drought, coronavirus, and hailstorms.

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