Carsales increases profit 20%
Australia's biggest car listing site - carsales.com ltd – has lifted net profit to $33.1 million for the first half of the 2011-2012 financial year (July to December).
This represents an increase of 20% compared to the same period the previous year when net profit was $27.6 million.
Total operating revenue of $87.4 million was up 22%.
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A teen who attempted to steal a car from a dealership has pleaded guilty to burglary, stealing, unlawfully possessing a dangerous article in a public place, and being found prepared for the commission of a crime.
Nissan Australia have confirmed William Peffer as CEO and managing director, effective April 1.
While pricing is yet to be announced, Toyota's small new Prius C hybrid will retail for 'thousands less' than the currently best-priced Honda Insight, which retails for $29,990.
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Vehicle dependability has reached historically high levels in the United States, with the lowest rate of problems recorded since 1990, when studies first began.

