The Motor Trade industry has been affected a lot in the last year with literally thousands of jobs being cut.

Around the same time as the ‘recession’ and ‘credit crunch’, many motor trade employers and motor trade companies have been going bust or into administration. This has meant that employees of these motor trade companies have lost their jobs. Of course some of the employers have had to make cut backs in their staff which has meant they have lost their jobs but one thing is clear, the motor trade industry has most definitely been affected by the recession and resulting in a rise in unemployment. Hopefully with the recession on its last legs and almost over, these motor trade companies can either build back up or will improve their sales enough to start increasing motor trade jobs.

Broadsure Direct offer motor trade insurance so if you want a motor trade quote, visit our website for more information.