For the month of November, industry data revealed on Thursday, that sales of new vehicles across Australia recorded a definite growth, with consumers clearly more confident than before to spend on big items despite the recent hikes in interest rates.

As per the Australian Federal Chamber of Automotive Industries, vehicle sales increased by 6.2% as compared to October, to hit a new high of 85,833 units. Adjusted for seasonal factors, the increase signifies a 9.2% monthly increase.

Sales recorded a hefty 19.9% compared to November last year when consumer confidence all over was hit very badly due to the global recession.

Toyota Corp. emerged as the winner, bagging the top sales position for the month with a 22.8% shares. Holden unit of GM came in second with 13.3% share, while Ford and Mazda cam right after that with 10.3% and 7.7% sales shares, respectively.