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The global economic downturn has been virtually indiscriminate in the business sectors that it has affected, but the car manufacturing industry has been hit worse than most. In the UK, car sales dropped by around a quarter in the three months before December, when the 2.5 per cent VAT reduction was introduced by the government.

Since then, various major car manufacturing firms have been forced to cancel shifts, as is the case with Nissan and Toyota, or offer their workers voluntary redundancy, such as Honda. And as consumers attempt to reign in their expenditure, such large purchases are increasingly being scaled back.

Insurancewide, one of the UK's leading online insurance comparison sites, is addressing these falling car sales by encouraging people to take a greater look at car insurance...

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