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“These trends in the used market are a direct reflection of dynamics in the new-car market as inventory levels normalize,” auto research firm Edmunds said in its Q2 vehicle prices report. “A ...
Kelley Blue Book reports that the average incentive spend from manufacturers was $2,048, or 4.2% of the purchase price, in July. New cars are also selling for more than $600 below sticker price on ...
The drop in used car prices is also good news for the U.S. Federal Reserve, which has been steadily raising interest rates in hopes of slowly curbing inflation without sending the U.S. spiraling ...
Australian manufacture of cars rose to a maximum of almost half a million in the 1970s (10th place in the World) and still exceeded 400,000 in 2004. [1] Australia was best known for the design and production of 'large' sized passenger vehicles. [2] By 2009 total production had fallen to around 175,000 and the Australian market was dominated by ...
This is a list of motor vehicle deaths in Australia by year. It shows the annual number of road fatalities (road deaths or Road toll) per capita per year, per vehicle and per vehicle-km in the year the data was collected. The list includes all road users such as drivers, passengers, pedestrians, motorcyclists and cyclists.
In October 1987, the international Stock Market Slump saw markets crash around the world. The crisis originated when Japan and West Germany pushed up interest rates, pressuring US rates also to rise, triggering a massive sell-off of US shares. Global share prices fell an average of 25%, but Australia saw a 40% decline.
For those attentively following the frustrating and overpriced used car market over the past two years, something had to give. According to Manheim, wholesale used car prices saw a "large decline ...
1 July - Since the previous peak in September 2017, the combined capital 5 city property market has declined by -1.3% according to Corelogic. [69] 11 July - It is estimated by Digital Finance Analytics that there are approximately 1 million households in mortgage stress.