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chappy58

7,478 Posts.

20

05/06/24

19:39

Post #: 74182370
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Originally posted by chappy58: ↑

There's a bit of a cost of living crisis going on at the moment . Ask anyone in retailing right now.
They're not buying Teslas.
They're also not buying steak and they are defaulting on things like insurance etc.You must be looking at the wrong window, again.

Car sales actually haven't gone down, so for cars sales doesn't seem to stand up to your argument.

.Australian new-car sales in February 2024:

VFACTS records smashed againNew-car deliveries increased by 20 per cent year-on-year last month – and beat the all-time February record by 8500 vehicles.

It represents a 20.9 per cent increase on the same month in 2023, and is up 8.9 per cent on the all-time February record of 96,443 deliveries in 2016 – as well as up 14.4 per cent on the five-year February average prior to the pandemic (91,799).

This time last year the automotive industry was amidst a quarantine crisis – with, at one point, up to 60,000 vehicles waiting offshore or at ports – which makes February 2024's record look more significant.

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And

Record new car sales in Australia for April 2024
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