Friday, October 12, 2007
Car dealers survive despite tough trading conditions
Business failures among car dealers fell by 18.8 per cent during quarter three compared the same period in 2006.
The motor trade sector saw the eighth highest fall in business failures, according to the latest insolvency figures from Experian, going from 69 motor traders failing in 2006 to 56 in 2007.
So far this year, the number of businesses going bust in the motor trade has dropped by 27.2 per cent – the fourth biggest improvement compared to other business sectors.
DATED: 12.10.07
FEED: MT
