Lender’s data shows car market bounce back (Autotalk)

11 June 2020

New lending data from Firstmac shows the new car market is recovering after falls in April and May.

The automotive financier says buyers are shrugging off the COVID-19 crisis and are now borrowing to buy cars again.

In May, Firstmac says it recorded a record number of car loan applications, strengthening towards the second half of the month and continuing into June.

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