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umesh

RE: Guest blog: The real reasons for new car sales growth

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Well said Robert, the PPI thing as you say is just what all the media have jumped onto not looking at the facts!

but as we know 'facts' don't sell newspapers or attract viewers on TV!

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Some good points made but it's clearly a politicaly motivated blog. Claiming families are better off due to low mortgage rate doesn't tell the true story as house prices are higher. Add in the thinly veiled dig at the BBC and it becomes something that could have been written at Tory HQ.

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Interesting to see your take on the theory that PPI compensation is driving new car sales - I have to agree that when I read a few new stories about this, I was a bit dubious about whether this would have such a noticeable effect on new car sales. As you say here, the average PPI payout is £2,750 - not even nearly enough for a new car. It's much more likely to be down to recovery we're seeing in the economy, not just in the UK, but across Europe. 

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