Revving away from recessionCould the car industry remain immune to a recession? That certainly seems to be the message so far, based on figures supplied by the Society of Motor Manufacturers and Traders. They have gleefully reported that car sales to private buyers are up 29.4 per cent compared to a year ago. Car sales in general are up 25.4 per cent. The only six losers are Daewoo, Lotus, Bentley, Isuzu, Saab, and Perodua. Mercedes-Benz enjoyed its best ever sales month, with a 37.9 per cent increase, taking the tally to 12,897 new cars sold. Chevrolet, meanwhile, went from 13 cars last year to 46 cars this September, while Cadillac rose from 6 to 20 - marking 253.9 and 233.3 per cent rises respectively!
I wonder if that’s got anything to do with everybody running after the new Elise last year?I guess that depends on whether a sale is report at signature or delivery.
SMMT figures are calculated by registrations at date of first reg.Kee [image]http://www.exiges.com/ubb/NonCGI/images/icons/smile.gif[/image]