F&I Management & Training

Car sales are showing surprising resilience in the face of falling houses prices and warnings from retailers of slower sales this Christmas. Data from the Society of Motor Manufacturers and Traders shows that November registrations were 2.2% up year on year at 158,735 units. However, the Financial Times points out that Pendragon, the UK's largest dealer group, has issued two profits warnings in five months and motoring magazines are full of advertisements offering 0% financing and discounts.

DATED: 13.12.07

FEED: AW