The high-performance database
for people who buy and sell cars.
for people who buy and sell cars.
Car sales down but market bouyant'Current economic uncertainty, and increasing household costs mean that many consumers may be taking a "wait and see" attitude on all major purchases, but growth in some new car segments shows that there is still a lot of life in the new car market,' said Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), commenting today (Thursday 5 June 2008) on car sales figures for May.While overall new car sales dropped 3.5 per cent in May to 179,272 units, the mini segment saw a 120 per cent increase during the monthToday also saw the Bank of England announce that the interest rate will remain at 5 per cent. 'It's good to see that the Bank of England has taken a cautious view on interest rates, and held the rate for June, ' said Robinson 'This will allow the most recent cut in interest rates to take effect.' 'However there is some concern that, with inflation on the rise and consumers reviewing their debt status, household spending may need some further stimulation.' Robinson adds: 'A further cut in interest rates would help business and consumers alike.' 6/06/08 |
eValuator is a quick and easy way to compare what is standard - and what is not - on a huge range of cars.
In seconds you can compare the real value of one car against another. |