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Car dealers take a hit as sales drop on tough economic conditions

Dealers in new motor vehicles reported a combined 31 per cent drop in sales, selling 10,368 units in the period between January and September this year compared to 15,101 units moved over a similar period last year. PHOTO: COURTESY

The number of new vehicles sold in the country declined sharply in the first nine months of the year due to a harsh economic environment.

Dealers in new motor vehicles reported a combined 31 per cent drop in sales, selling 10,368 units in the period between January and September this year compared to 15,101 units moved over a similar period last year.

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