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World Car Insurance Market Shrinks!

by Car Insurance Blogger on June 25th, 2009

The world car insurance market is shrinking as fast as global warming is melting the ice caps
All around the world thoudands upon thousands of new cars sit idly rusting away while the economies sink further into recession, awaitng new owners who are not forthcoming!
Under the old registration system, March and April would normally be manic times for new car registrations and car insurance in insurance brokers and companies offices up and down the country. today those same brokers are reporting that new car business is quiet! Hardly surprising since many of the workers from the car industry that would normally buy these cars are on short time or laid of for months!

The evidence…………..

A very quiet Honda plant in Swindon
new car insurance

new car insurance

Ello John Gotta new motor?

Sheerness for Export?

All over the UK cars are sitting in holding areas getting older!
By the time they are sold they will be eligible for our Classic Car Insurance Schemes!

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