Motor industry suffers

14 May 2009 - 02:00
By unknown

Market sentiment in the motor industry has again dipped marginally in the second quarter of this year. Yet despite this, confidence levels are expected to improve gradually over the next year, according to WesBank's vehicle sales confidence indicator. Confidence levels fell to 4.2 out of a possible 10 compared with 4.4 in the first quarter of the year. - Don Robertson

Market sentiment in the motor industry has again dipped marginally in the second quarter of this year. Yet despite this, confidence levels are expected to improve gradually over the next year, according to WesBank's vehicle sales confidence indicator. Confidence levels fell to 4.2 out of a possible 10 compared with 4.4 in the first quarter of the year. - Don Robertson