Key findings: P6343.2 - Motor trade sales, September 2007

Motor trade sales for the third quarter of 2007 increased by 3,5% compared with the third quarter of 2006. This is lower than the 15,7% increase reported for the third quarter of 2006 compared with the third quarter of  2005.

The growth in the motor trade sales since April 2007 was partly affected by difficulties in the registering of new and used vehicles following the introduction of the new eNaTIS system, the new National Credit Act which was introduced on 1 June 2007, as well as tighter monetary conditions. September 2007 was negatively affected by the motor industry strike.

Seasonally adjusted motor trade sales for the third quarter of 2007 decreased by 2,1% compared with the second quarter of 2007.