Jesus Jimbo are you car industry PR? SAAB, Mitsubishi, Suzuki, Lotus, 2 ford dealers and one Mazda have closed in Sheffield since Xmas.
Nope. Some dealers are struggling due to over-reliance on sales of new cars, finance etc, etc. The more “restrained” dealers who also do a large amont of trade with nearly-new/used cars however, are reporting brisk trade: people making the most of depriciation (worse than ever…until recently), less £££ in the way of finance etc, etc.
Of course, this is only for the more “bog basic” stuff: anything bigger than a 2.0 Mondeo, forget it. Think more along the lines of Fiestas through to Focus’, and equivalents. Cars of this ilk are going for way above book at auction.