Sunday, November 05, 2006

Dealer car sales plummet in October

The positive effect of the plate change month was brutally brief as dealers' new car sales in October fell at their fastest rate in ten months.

According to the Confederation of British Industry’s monthly survey of distributive trades, reported sales fell by 42 per cent – the biggest decline since December 2005 when a drop of 43 per cent was recorded.

The CBI said volumes in the sector were not expected to improve in November, with the boost to sales of new registration plates lasting just one month.

DATED: 05.11.06

FEED: MT





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