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Private Buyers Lead the Charge in New Vehicle sales

Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 80,896 passenger cars, SUVs and commercial vehicles were sold in February (down 1.6 per cent or 1,323 vehicles compared to the same month in 2010).

"This is a solid result reflecting the strong underlying demand for new vehicles," FCAI Chief Executive Andrew McKellar said.

"Sales to private customers increased 4.1 per cent during February to total 39,776 units – outselling business and fleet purchases," he said.

"This is an encouraging indicator of the market and reflects a strong level of economic confidence," he said.

"Sales in Queensland have recovered slightly and we expect further growth in that state in the coming months as people replace their damaged vehicle," he said.

Toyota was the best performing brand in January selling 14,604 vehicles, followed by Holden with 10,314 and then Mazda with 7,644.

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