AM Online

January sales down – but no market fears

The RMI says the 9.1 per cent downturn in car sales in January should not be taken as an indication of a weakening market.

Alan Pulham, RMI franchised dealer director says: “Following strong demand in 2002, when sales figures reached an all time record of 2,563,631, it is inevitable that we will see a slowing down of the market in 2003.

“January's sales released today were 186,769 units, a downturn of 9.1%. This has been influenced by the strong sales in December 2002, and should not be taken as an indication of a weakening market.

“Demand for diesels and superminis remains exceptionally strong, which is an indication of the underlying strength in the new car market.”

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