Income from motor vehicle sales continue to increase
Although the statistics do not highlight the number of vehicles sold, there has been a significant growth in the level of income for motor vehicle traders through the sale of vehicles.
The sales revenue figure has jumped by $13 million from the year 2008 to 2010.
In 2008, revenue from vehicle sales in Fiji was $93.38 million, in the year 2009 the sales revenue went up to $97.08 million while last year revenue from vehicle sales stood at $106.36 million.
The highest sales revenue figure since 2008 was recorded in the first quarter of last year, and stood at $27.71 million.
All the four quarters of last year recorded higher sales revenue compared to the same period in 2008 and 2009.
Story by: Vijay Narayan
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