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It is extremely encouraging to see that the new car market was up 3.8% in November following the first decline in 44 months last month. 2,453,426 cars have been registered in the year-to-date – an increase of 6.2% over the same period last year.
Growth in the business fleet market indicated continued confidence in the economy.
Sales of alternatively fuelled vehicles were also up in the month which in the light of the recent emissions means that consumers are considering environmental issues at higher levels.
Competitive pricing, continued low interest rates and strong finance incentives have driven new car sales in 2015, and the NFDA expect the market to remain strong into the New Year.
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