Key findings: P6343.2 - Motor trade sales, May 2008

Motor trade sales increase at lower rate

In the first five months of 2008, motor trade sales increased by 6,4% compared with the same period in 2007, but this was lower than the increase of 14,8% reported for the same period in 2007. Following a large increase of 16,9% year-on-year in April 2008, motor trade sales increased by 2,4% in May 2008 compared with May 2007. The large increase of 16,9% in April 2008 was an effect of low motor vehicle sales following the difficulties experienced with the introduction of the eNatis system in April 2007, resulting in a high year-on-year comparison between April 2008 and 2007.

Motor trade sales for the three months ended May 2008 increased by 6,4% compared with the three months ended May 2007, while sales for the corresponding period of 2007 increased by 13,6%.

Seasonally adjusted motor trade sales for the three months ended May 2008 increased by 3,3% compared with the three months ended February 2008.