Fewer people are looking to buy new cars - Roy Morgan

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New car sales are down in Australia at the moment, and the slowdown doesn't look like turning around any time soon. Research from Roy Morgan says the number of people looking to buy a new car is six per cent lower than the same time 12 months ago, the lowest level since November 2014. According to the latest survey data, a total of 2.125 million people are looking to buy a car in the next four years, down on the long-term average of 2.16 million.

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