Financial Times FT.com

Lookers reports sharp reversal in car demand

By Lucy Killgren

Published: October 31 2008 01:38 | Last updated: October 31 2008 01:38

Lookers, the car dealer, reported a sharp fall in sales in the third quarter and said that trade continued to be challenging in September.

The fall in the third quarter to October 29, which was not revealed by Lookers, was in line with data released by the Society of Motor Manufacturers and Traders, which reported a 19 per cent drop in third-quarter sales, it said.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this