In February dealers reported growing optimism about the future prospects. Were they right to be so confident?

AM will be publishing the seven AM/HPI Litmus test analysis of business confidence in its May 4 issue.

The Litmus test provides dealers with a measurement on how the industry is performing in a number of key areas. The KPI questions cover new/used car sales and profitability expectations and the results are published in AM every three months.

It will enable you to measure your views and performance against your peers across the UK. Please help us to provide an accurate picture of the UK car retail market by completing the survey.

All answers are confidential.

To take part click here.