Turners says used car demand strong despite December downturn

Wed, 09 Jan 2019

By Jenny Ruth Jan. 10 (BusinessDesk) - Turners Automotive Group says a lack of used car imports from Japan has meant total used car sales in December were down 6 percent on the same month of 2017. Registrations of used cars imported from overseas fell a much greater 21.6 percent in the latest month, taking the annual fall in imports to almost 11 percent. Nevertheless, 1.13 million used cars were sold in 2018, down only 0.76 percent on the previous year. “Demand for second-hand vehicles is still strong. The fact that 2018 has remaine...

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