Key findings: P6343.2 - Motor trade sales, December 2022

Measured in nominal terms (current prices), motor trade sales increased by 16,6% year-on-year in December 2022. The largest annual growth rates were recorded for:

  • new vehicle sales (30,7%);
  • fuel sales (22,5%); and
  • workshop income (17,7%).

 

In 2022, motor trade sales increased by 18,8% compared with 2021. The largest contributors were:

  • fuel sales (30,3% and contributing 8,6 percentage points);
  • new vehicle sales (19,6% and contributing 4,6 percentage points); and
  • used vehicle sales (12,1% and contributing 2,4 percentage points).

 

Seasonally adjusted motor trade sales increased by 0,9% in December 2022 compared with November 2022. This followed month-on-month changes of 1,1% in November 2022 and -0,9% in October 2022.

 

Seasonally adjusted motor trade sales increased by 2,0% in the fourth quarter of 2022 compared with the third quarter of 2022.

 

Motor trade sales increased by 16,4% in the fourth quarter of 2022 compared with the fourth quarter of 2021. The main contributors to this increase were:

  • fuel sales (23,7% and contributing 7,2 percentage points); and
  • new vehicle sales (25,7% and contributing 5,8 percentage points).