Motor vehicles sales in Western Australia for the year to November are down 8.5 per cent on the same period last year, with sports utility vehicles the only part of the market that held up.
Automotive Holdings Group has splashed $5 million on an acquisition of the Paceway Mitsubishi dealership in Osborne Park and another dealership in Brisbane.
Lower petrol prices have not accelerated new vehicle purchases in Western Australia, with sales down 6.1 per cent in February on the same period in 2014.
New car sales in Western Australia have had a poor start to the year, with the passenger and heavy commercial markets contracting sharply and indicating that consumers and local businesses alike are tightening their belts.
New vehicle sales in Western Australia continue to perform far below last year, with year-to-date sales down 7.9 per cent for the same period in 2013, according to new figures from the Federal Chamber of Automotive Industries.
Western Australian new vehicle sales are down 10.2 per cent for the month of August, according to a report from the Federal Chamber of Automotive Industries.
Consumer confidence within Western Australia has slumped to near record lows with the closure of high-profile businesses on the east coast and the prospect of higher interest rates rattling households.
There's no point in an Australian government trying to save a business regarded as a national icon if Australians have stopped buying the services of that business.
