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Car Retailing - UK - August 2011
Car Retailing - UK - August 2011

“Mintel’s forecasts of car sales continue to make disappointing reading for the car industry. New car sales are forecast to decline year-on-year to 2016, although used car sales show better potential (forecast to rise 9% in the same period). Neither sector, however, will see a return to pre-recession sales levels for several years.”

– Michelle Strutton, Senior Consumer Analyst

Questions addressed in the report include:

What impact have the recent recession and rising motoring costs had on car purchasing?

“Mintel’s forecasts of car sales continue to make disappointing reading for the car industry. New car sales are forecast to decline year-on-year to 2016, although used car sales show better potential (forecast to rise 9% in the same period). Neither sector, however, will see a return to pre-recession sales levels for several years.”

– Michelle Strutton, Senior Consumer Analyst

Questions addressed in the report include:

What impact have the recent recession and rising motoring costs had on car purchasing?
How are dealers performing?
How is car retailing changing?
How big is the role of the internet?
How do consumers currently feel about their prospects of buying a car?

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“On first glance the recent downward trend in equity release sales suggests a market in decline rather than one with significant potential for growth. However, on closer inspection there are some positive signs which suggest that the recent challenges should not be overstated.”

– Deborah Osguthorpe, Senior Financial Services Analyst

Some questions answered in this report include:

Can the market recover...