A falsely buoyant picture is likely to be painted by September's new plate change - despite the probability that it will show the 42nd consecutive monthly increase in new car registrations. Glass's, publishers of the motor trade bible Guide, say that the situation is being complicated by record levels of pre-registrations and there are some worrying … [Read more...]
Credit line is pulling UK sales along
PCP deals have driven up UK car registrations by nearly 10% last month. The new car market recorded its 42nd consecutive month of growth in August – albeit in one of the year’s quietest months – according to figures published today by the Society of Motor Manufacturers and Traders. New car registrations increased 9.6% to 79,060 for the month, taking … [Read more...]
UK new car sales heading towards 2.3M says leading economist
Britain is likely to see an annual market of about 2.3M new cars registered by 2020, that’s the opinion of Welsh Automotive Forum Chairman and international economist Prof Garel Rhys CBE on the eve of this year’s 15-plate registrations. Speaking to WAF members at their first regional meeting of 2015 held in Waterton centre, Bridgend, this week, the UK’s … [Read more...]
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