Key findings: P6343.2 - Motor trade sales, March 2011

Actual motor trade sales estimates

The actual motor trade sales estimates for the first quarter of 2011 increased by 15,7% compared with the first quarter of 2010. Sales for the corresponding period in 2010 increased by 12,1%.

The major contributors to the increase of 15,7% were new vehicle sales (24,6% and contributing 6,6 percentage points) and fuel sales (21,2% and contributing 5,0 percentage points).

Motor trade sales rose by 17,7% year-on-year in March 2011. The highest annual growth rate was recorded for fuel sales (27,8%), followed by new vehicle sales (22,6%) and used vehicle sales (15,7%).

Seasonally adjusted motor trade sales

In March 2011 seasonally adjusted motor trade sales increased by 4,5% month-on-month, following month-on-month changes of 0,2% in February 2011 and 2,1% in January 2011. Seasonally adjusted motor trade sales for the first quarter of 2011 increased by 5,9% compared with the fourth quarter of 2010.