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Motor trade reflects on lost year as used car sales slump

Thousands of used vehicles are being stored at a former motorsport venue as the automotive trade reflects on a “lost year” for the industry with used car sales down almost 15%. Racing at the Rockingham Motor Speedway circuit ended in 2018 when the Northamptonshire track was sold off, with the site near Corby now used to store mainly former hire and ex-lease vehicles before they are sent to auctions or second-hand dealers’ forecourts. Used cars parked on the 250-acre former motorsport site (Joe Giddens/PA) The UK’s used car market slipped 14.9% in 2020, according to figures from the Society of Motor Manufacturers and Traders (SMMT), released earlier this month.

Motor trade reflects on lost year as used car sales slump | Chester and District Standard

Thousands of used vehicles are being stored at a former motorsport venue as the automotive trade reflects on a “lost year” for the industry with used car sales down almost 15%. Racing at the Rockingham Motor Speedway circuit ended in 2018 when the Northamptonshire track was sold off, with the site near Corby now used to store mainly former hire and ex-lease vehicles before they are sent to auctions or second-hand dealers’ forecourts. Used cars parked on the 250-acre former motorsport site (Joe Giddens/PA) The UK’s used car market slipped 14.9% in 2020, according to figures from the Society of Motor Manufacturers and Traders (SMMT), released earlier this month.

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