Demand for new cars in the EU increased for a 20th consecutive month in April 2015, with registrations growing 6.9%. 1,166,482 new passenger cars were registered last month – the best April performance since 2009. All major markets in the region experienced growth, with Italy’s 24.2% increase contributing significantly, while registrations in Germany … [Read more...]
Pre-registrations are rising again, reports Glass’s
The number of nearly new cars in the retail market has nearly doubled in the last six months, indicating that manufacturers are pre-registering ever larger numbers, reports Glass's. According to Glass's Radar sales tracking product, the number of sub-one year old cars sold in the UK during March was 91% higher than six months ago, in October … [Read more...]
New cars tick the boxes for British drivers
The UK car market has received a big vote of confidence today with reports showing new car sales are soaring. April registrations were the highest month so far this year and follow a record first quarter for the industry, and there is little sign of slacking demand, said the SMMT chief executive Mike Hawes. April sales of 185,778 took the industry to … [Read more...]
Car sales still rising, says SMMT
The Society of Motor Manufacturers and Traders say 76,958 new cars were registered in February, up by 12% on February last year. Fleet sales have driven the business up 19% over the same month last year but there has also been good business done with private buyers who sought out discounts before the new-plate March came in. Sales of alternatively … [Read more...]
Booming sales kick off in January
January rise sees 2015 new UK car registrations off to strong start. Positive start to the year for new car market as registrations grew 6.7% in January to 164,856 units – the strongest January since 2007. Record growth period for whole market continues: January marked the 35th consecutive month of rises. Growth in company car registrations … [Read more...]
Car sales pass 2.4M in 2014
Britain is on the verge of a new boom in car sales, according to leading automotive economist Prof Garel Rhys. Early last year he dismissed gloomy predictions for the new car 2014 UK market from the SMMT and international accountants and predicted they would rise above the 2007 total of 2.4M. As the year progressed the SMMT and others gradually altered … [Read more...]
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