Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / United Kingdom

Revenues Plunge For Used Car Dealers

August 2009 | Industry Trend Analysis

Used car dealers in the UK saw a GBP1.7bn fall in revenues, with 360,000 fewer cars sold in 2008 compared with 2007, according to estimates from BCA. However, Europe's largest vehicle remarketing group, believes the drop was moderated by increased demand for younger and high-value cars in the market.

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