Australia Local Auto Sales Fall by Record as Carmakers Seek Exit
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Australian sales of locally-produced vehicles fell a record 15 percent last year as Ford Motor Co. and General Motors Co.’s Holden unit announced plans to cease production in the country amid surging imports.
The two U.S. automakers and Toyota Motor Corp. sold just 118,510 locally-produced cars in 2013, according to data released today by the Federal Chamber of Automotive Industries. That compared to 139,796 the previous year and 201,623 in 2006.