Parramatta. Luxury cars sales down

Greg Duncan, executive chairman, of the Parramatta-based Trivett Group, has said most dealers of luxury cars have suffered from a recent downturn in sales, and predicted some would even be forced to close their doors, as finance companies terminate lines of credit. “I think you are going to see ... for the next two months, cars are going to be as cheap as they’ve ever been – top to bottom,” he said in The Weekend Australian Financial Review. The Trivett Group dealership sells about 14 marques, including Rolls Royce, BMW, Jaguar, Land Rover, Aston Martin, Porsche and Bentley.