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It is extremely encouraging to see that the new car market recorded its best performance with registrations hitting the 2.6million mark in 2015. New car sales figures released this week show sales rose 6.3% in 2015 to 2,633,503 units – exceeding forecast and outperforming the last record year in 2003. December’s 4% rise marked the fourth consecutive year of growth.
Strong new car sales will have a lasting positive impact on the UK economy as all the new cars of today need to be serviced in the years ahead.
Continued low interest rates drove UK sales in 2015 as the UK car market recorded its best performance since 2004.
Competitive offers from manufacturers along with strong finance offers boosted sales as consumer confidence returned to the market.
The NFDA expect the market this year to continue to perform well and to build on the success of 2015.
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