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Motor trade decline to continue until 2011

New and used car sales volumes are predicted to carry on declining until at least 2011 with marginal increases from 2012 onwards, this equates to a double digit percentage decline in the value of new and used sales. However if the economic gloom lifts the future for the sector is not all bleak, with the constant updating of technology and a tendency towards increased change cycles growth is expected to surge, albeit with maybe less manufacturers producing fewer models and carrying on the practise of shared technology, engine line ups and floor plans to further encourage savings.

The future may bring a time when a car is made up of several different partnerships all self branded to present the everyman experiment!

Dec 12, 2008In51der
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