Key findings: P6343.2 - Motor trade sales, January 2023

Measured in real terms (constant 2019 prices), motor trade sales decreased by 3,0% year-on-year in January 2023. The largest negative annual growth rates were recorded for:

  • used vehicle sales (-10,8%);
  • workshop income (-3,3%); and
  • sales of accessories (-3,0%).

 

The largest negative contributors to this decrease were:

  • used vehicle sales (contributing -2,3 percentage points); and
  • sales of accessories (contributing -0,5 of a percentage point).

 

Seasonally adjusted motor trade sales decreased by 2,4% in January 2023 compared with December 2022. This followed month-on-month changes of -0,2% in December 2022 and -0,6% in November 2022. In the three months ended January 2023, seasonally adjusted motor trade sales decreased by 2,4% compared with the previous three months.

 

Motor trade sales decreased by 0,1% in the three months ended January 2023 compared with the three months ended January 2022. The main negative contributors to this decrease were:

  • used vehicle sales (-10,9% and contributing -2,4 percentage points);
  • sales of accessories (-2,3% and contributing -0,4 of a percentage point); and
  • fuel sales (-1,5% and contributing -0,4 of a percentage point).

 

The largest positive contributor was new vehicle sales (12,1% and contributing 2,8 percentage points).