Industry Analysis & Industry Trends
The Sale of Other Motor Vehicles industry dealt with erratic and uncertain operating conditions over the past five years. The recession led to an unexpected drop in demand, which negatively affected revenue and profit margins, leading to the demise of many sellers. Over the past five years, the price of petrol has been soaring, which has negatively affected road transport and public transport operators, further aggravating the demand for vehicles. Over the five years through 2011-12, industry revenue is forecast to decrease by 1.3% annually to £3.96 billion. At the same time, the price of vehicles was rising due to new emission standards, which led to higher engine prices, and the depreciation of the pound, which pushed up imported vehicle prices... purchase to read more
Industry Report - Industry Analysis Chapter
The past five years were volatile for the Sale of Other Motor Vehicles industry. The price of petrol soared, which made freight operators think twice about how they carry out business. Then the recession hit, which led to poor confidence and caused demand for vehicles to drop drastically. The pound also took a beating and this, along with high metal prices, pushed up the price of vehicles. To make things worse, there was a regulatory change in emission standards in 2008, which further aggravated uncertain conditions within the automotive and transport sectors... purchase to read more