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

Motor trade sales increase

Motor trade sales for the three months ended July 2008 increased by 5,2% compared with the three months ended July 2007 while the corresponding growth for 2007 was 9,1%. Vehicle sales for the first seven months of 2008 remained weak as a result of slowing consumer demand, with fuel sales being the main driver of the growth in the motor trade sales.

Motor trade sales for July 2008 increased by 8,5% compared with July 2007, while sales for the corresponding period of 2007 increased by 4,9%.

Seasonally adjusted motor trade sales for the three months ended July 2008 decreased by 3,5% compared with the three months ended April 2008.