Quote Me Today

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December 20, 2010 01:01 ET

'Car Production on the Rise for This Year', Say Motor Trade Insurance Firm

KENT, UNITED KINGDOM--(Marketwire - Dec. 20, 2010) - Figures show car production has risen by 15.7% for last month, compared with November 2008 and meaning the first time numbers have increased for more than a year. Motor trade insurance company, Quote Me Today say the results from the Society of Motor Manufacturers and Traders (SMMT) are very positive.

The Kent-based insurance traders specialise in motor trade insurance and are glad about the growth in the industry once more. It is the first time there has been a monthly rise since September 2008 and could potentially point to significant improvements to the condition of the motor trade.

It shows that the economy is possibly slowly but surely also getting a bit stronger. However, the figures still need to rise much more in order to get the industry back on track.

There is still a long way to go before car production in anything near figures shown in the past and commercial vehicle production is not looking so good at the moment with 16.2% drop last month, compared with November 2008.

A spokesperson for Quote Me Today, said: 'The Government's car scrappage scheme proved highly successful and has definitely helped to have a positive effect on the industry. However, the government needs to continue to help the motor trade to improve and grow. Motor Trade Insurance is a great way for businesses to protect their assets in these tough times however, as any added expenditure could be damaging to businesses.'

Quote Me Today have a wealth of experience in advising motor trade industry specialists in gaining the best protection as well across many other areas, such as driving school insurance and SME insurance. To get in touch for a quote, visit their website www.quotemetoday.co.uk or get in touch with one of their expert brokers on 0800 988 9255.

About Quote Me Today:

Quote Me Today are a Kent based broker with years of experience in providing risk solutions for both the personal and commercial lines markets. In an industry where competitive rates, risk knowledge and customer confidence are essential, Quote Me Today offer these through a panel of insurers with a wealth of industry experience. Our relationship with these insurers allows us to quote competitive rates coupled with professionally tailored cover which gives us the required edge in placing your business at the right price without prejudice to your policy requirements. Visit their website at www.quotemetoday.co.uk for an instant quote.

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