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

Measured in real terms (constant 2019 prices), motor trade sales decreased by 3,4% year-on-year in April 2023. The largest negative annual growth rates were recorded for:

  • used vehicle sales (-14,7%);
  • convenience store sales (-3,8%); and
  • new vehicle sales (-3,1%).

 

The largest negative contributor to this decrease was used vehicle sales (contributing -3,1 percentage points).

 

Seasonally adjusted motor trade sales increased by 0,7% in April 2023 compared with March 2023. This followed month-on-month changes of -0,8% in March 2023 and 0,6% in February 2023. In the three months ended April 2023, seasonally adjusted motor trade sales decreased by 0,8% compared with the previous three months.

 

Motor trade sales decreased by 2,8% in the three months ended April 2023 compared with the three months ended April 2022. The main negative contributor to this decrease was used vehicle sales (-12,9% and contributing -2,7 percentage points).