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The NFDA is pleased to see that new car sales figures increased in April with private registrations continuing to improve. New car sales figures, released this week, were up 8.2% following last month’s 14-plate change – marking the 26th consecutive month of growth.
It is also promising to note that the fleet market is also showing strong growth in April, suggesting that businesses are also beginning to feel more confident.
Consumers continue to be drawn into the showroom by strong manufacturer deals and competitive finance offers. Dealers are reporting demand for smaller vehicles that offer better fuel economy and cheaper maintenance. This along with the new products and services offered by dealers and manufacturers is encouraging people to buy.
Consumer confidence is still fragile therefore competitive pricing and strong incentives remain important in convincing customers to buy a new car.
(For a full copy of the registration figures please email email@example.com)