IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Measured in real terms (constant 2019 prices), motor trade sales decreased by 2,4% year-on-year in August 2024.

The largest negative contributors to this decrease were:

• sales of accessories (-7,9% and contributing -1,7 percentage points); and
• new vehicle sales (-4,9% and contributing -1,2 percentage points).

The only positive contributor was used vehicle sales (7,5% and contributing 1,5 percentage points).

Seasonally adjusted motor trade sales remained unchanged (0,0%) in August 2024 compared with July 2024. This followed month-on-month changes of 0,5% in July 2024 and 4,7% in June 2024.

Motor trade sales decreased by 3,9% in the three months ended August 2024 compared with the three months ended August 2023. The main negative contributors to this decrease were:

• sales of accessories (-9,4% and contributing -2,0 percentage points); and
• new vehicle sales (-7,9% and contributing -1,9 percentage points).

The only positive contributor was used vehicle sales (5,9% and contributing 1,2 percentage points)

Seasonally adjusted motor trade sales increased by 3,0% in the three months ended August 2024 compared with the previous three months. The largest contributors to this increase were:

• fuel sales (4,2% and contributing 1,2 percentage points);
• new vehicle sales (4,5% and contributing 1,0 percentage point); and
• used vehicle sales (3,2% and contributing 0,7 of a percentage point).