Australia Compared: Still Better than Rest (especially in buying cars)

Looking at the graphics below on industrial production and car sales it is clear that Europe is still in deep trouble and that the United States is on a tentative road to recovery. Comparatively Australia is doing very well, particularly in the arena of car sales.

Compare these dismal figures for car sales in major markets with the long-term picture of Australian car sales. No wonder Australia is seen by international car companies as an important growth market, despite the relatively small Australian market.