Friday, June 06, 2008

Car sales down but market buoyant, says RMI

'Current economic uncertainty, and increasing household costs mean that many consumers may be taking a "wait and see" attitude on all major purchases, but growth in some new car segments shows that there is still a lot of life in the new car market,' said Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), commenting today on car sales figures for May. While overall new car sales dropped 3.5 per cent in May to 179,272 units, the mini segment saw a 120 per cent increase during the month.

DATED: 06.06.08

FEED: AW





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