According to a recent poll by Castrol Professional, nearly three quarters (70 per cent) of dealers questioned believe that economic recovery is still more than a year away, while two thirds (67 per cent) say that the new car market will not return to pre-recessionary levels for five years or more.

The gloomy forecast was obtained at a recent business seminar hosted by Castrol Professional, which was attended by keynote speakers, including IMI chief executive Sarah Sillars.

Emerging from trough

"While the majority of the dealers we spoke with do believe that we are beginning to emerge from the ‘trough', the general consensus is that the recovery is likely to be a slow, and possibly painful, process," said Nigel Head, Castrol FWS & OEM Marketing Manager - UK and Ireland.

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