Australia: New Car Sales Up 6.6 percent in April image

Sales of new vehicles in Australia rose 6.6 percent last month (April), the Federal Chamber of Automotive Industries (FCAI) announced.

Overall, 79,097 vehicles were sold in April, an increase of 6.6 per cent (or 4,833 vehicles) compared to the same month in 2011. On a year to date basis, this is a 5.1 per cent increase (16,541 vehicles) on sales for the first four months in 2011.

Sales in April were down 19.0 per cent on March, which is typically a big selling month. Adjusted for seasonal factors, VFACTS estimated sales increased by a hefty 7.6 per cent in April from the previous month.

Australia’s unemployment rate held steady at 5.2 percent in March, data showed Thursday, beating expectations, while 44,000 jobs were created — almost eight times the number forecast.

The Australian Bureau of Statistics (ABS) said the seasonally adjusted jobless rate was static, as 15,800 full-time jobs were filled and 28,200 part-time jobs taken up.