Dealers register shrinks
Numbers fall for the seventh month in a row and risk soon dropping below 2,900.
Posted on 02 February, 2023
The number of dealers on the Motor Vehicle Traders Register (MVTR) fell by 28 last month, with the total at the end of January standing at 2,912.
Since reaching 3,020 in June last year, there have now been seven consecutive months of decreases in the size of the register.
The latest figure is also 130 lower than the 3,042 registered traders recorded at the end of January 2022.
Dealer numbers have largely been in decline since hitting a high of 3,536 in November 2017.
The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.
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