There are early signs of a similar decline in February 2021.
Automotive service company Cox Automotive surveyed car retailers and 3 in 4 reported a downturn in forward orders for March 2021 of between 10 percent and 50 percent, compared to 2020.
“Q1 is a critical period” said Cox Automotive strategy director Philip Nothard, “and it’s vital that showrooms are able to re-open as soon as possible.”
However, lockdown isn’t the only challenge faced by car dealers – and may actually be masking some of the other issues.
There are issues with new car supply related to the Brexit deal, said Mr Nothard, “with border frictions continuing and