Automobile Business Council
latest news & developments
More cars were bought in past three months compared to the same period in 2022
A pause in the interest rate hiking cycle in July led to an increase in motor trade sales for the month
Economic pinch deflates used car ‘bubble’
Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust
More people bought cars in December 2022 than a year before
Motor trade sales increased by 16.6% in December with the biggest contributors being new vehicle sales, fuel sales and workshop income