Thursday, July 27, 2006
Used market eases pain of new car sector
The World Cup and England’s early exit did little to dampen spirits in the second quarter of the used car market, according to Manheim’s latest report on used car trends.
Figures showed volumes were up by over 6 per cent, although this was in line with the seasonal trend.
Values remained identical to the first three months of the year, while there was also little movement in vehicle profiles. “From an overall market perspective, the second quarter looks good – stable by all measurements and continuing to produce good results,” the report found.
DATED: 27.07.06
FEED: MT
Figures showed volumes were up by over 6 per cent, although this was in line with the seasonal trend.
Values remained identical to the first three months of the year, while there was also little movement in vehicle profiles. “From an overall market perspective, the second quarter looks good – stable by all measurements and continuing to produce good results,” the report found.
DATED: 27.07.06
FEED: MT
