"Australia Autos Report Q4 2012" Now Available at Fast Market Research
Australia's auto industry presents a decidedly mixed picture as we enter the final quarter of 2012. On the one hand, new car sales remain strong, with the country on course to post a record figure for the year. However, the outlook for domestic auto production is becoming clouded, with Australian consumers turning away from locally-produced larger sedan models towards cheaper, more fuel-efficient imports. Domestic production was up by just 2.8% over the first eight months of 2012.