The Federal Chamber of Automotive Industries (FCAI) released figures today which show June as the best month for vehicle sales in the past financial year.

This is little comfort for Holden who have just received a disastrous end of financial year audit. Carried out by Deloitte, the audit shows Holden deteriorating financially, having recorded a $86.8 million annual loss and being tied to the recently bankrupted General Motors.

Holden’s auditors say the motor company’s economic situation make it an uncertain prospect into the future, but Holden’s directors say they are confident in the carmaker’s longevity.

The FCAI figures put June 2009 as the third best performing month for vehicles sales on record.

Toyota has been a market leader in sales for the last six months, having sold 94,233 vehicles while Holden sales only reached 56,152 in the same period.