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MARCH NEW CAR REGISTRATION FIGURESBack

CarProd

It is encouraging to see that new car registrations were up an impressive 17.7% in march following demand for the new 14-plate.

The month saw 464,824 cars registered, suggesting that the economic recovery remains strong in 2014. Year-to-date registrations were up 13.7% to 688,122 units.

The market in March was significantly high as expected, and is a further reflection that consumer confidence is slowly but surely returning. Car dealers across all regions of the UK have reported strong footfall in their showrooms. Increased sales are supported by strong manufacturer deals and competitive finance offers that are encouraging consumers to buy.

The NFDA are hopeful that this is a trend that will continue through 2014.

Posted by Sue Robinson on 04/04/2014