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US terrorist attacks prompt dealer fears

More than half of dealers in the UK polled in a survey by Paragon Vehicle Finance believe their business has suffered as a result of the September 11 terrorist attacks in the US.

The latest quarterly survey by PCF shows that 58% believe there has been a downturn in business (27.2% said there hadn't) with almost two-thirds (66%) saying their turnover is down more than 10% as a result.

However, 45% of respondents believe the market will grow during the first six months of 2002, with more than one in 10 saying it will grow by more than 10%. The analysis was taken from 81 dealer responses to the PCF questionnaire.

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