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 particularly strong, up 18.1% on January … [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 their opinions and raised hopes of an … [Read more...]