Finweek English Edition - - ECONOMICTRENDS - Units sold

Ned­bank says pas­sen­ger car sales will ben­e­fit from low in­ter­est rates and in­come growth over sec­ond half 2011, al­though high house­hold in­debt­ed­ness, a weak labour mar­ket and the risk of higher in­ter­est rates will re­strict the rate of re­cov­ery. The grad­ual re­cov­ery in fixed in­vest­ment ac­tiv­ity should sup­port sales of com­mer­cial ve­hi­cles. Sales of com­mer­cial ve­hi­cles reached their high­est lev­els in June since Novem­ber 2008.

Sales of to­tal new ve­hi­cles

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