A good friend of mine who works for Jaguar in sales, tells me the predicted fall off of car purchases has happened, as he put it “off a cliff edge”. There are mitigating factors, such as the chip shortage and a much reduced used car pool but it has all the indicators of a recession being on it’s way. I worked in the car trade for several years and a big drop off in sales always seemed to proceed a downturn in the economy. People are experiencing “buyers remorse” having spent to much during the pandemic (a pandemic which is continuing) and with the cost of living rising dramatically, budgets are being tightened. Can you tell me that you have not noticed a rise in prices? The pandemic has caused disruption, normal market forces continue but the biggest cause is Brexit!
I dont feel the need to write about the current political row, it is self explanatory and a more obvious corruption and immoral behaviour, will not be seen. You make up your own mind but if you do not see the sleaze in this PM and most of his party then you are blind!
We are hoping to make a big announcement very soon, a happy one and one we had all but given up on. Further news will be forthcoming!
Stay well
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