Key findings: P6343.2 - Motor trade sales, November 2010

Actual motor trade sales estimates

The actual motor trade sales estimates for the three months ended November 2010 increased by 15,7% compared with the three months ended November 2009. Sales for the corresponding period in 2009 decreased by 6,4%.

The major contributors to the increase of 15,7% were new vehicle sales (30,0% and contributing 7,1 percentage points), fuel sales (13,8% and contributing 3,4 percentage points) and used vehicle sales (15,9% and contributing 3,0 percentage points).

Motor trade sales rose by 18,1% year-on-year in November 2010, the twelfth consecutive positive growth rate recorded since December 2009.

Seasonally adjusted motor trade sales

Seasonally adjusted motor trade sales for the three months ended November 2010 increased by 2,7% compared with the three months ended August 2010, while sales between October and November 2010 increased by 6,1%.