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It is positive to see that the new car market has continued to remain strong during September and the successful plate change reflects growing economic confidence. New car sales figures, released this week, were up 6% – the biggest September since 2004. The new ‘65’ number plate boosted volumes, with September marking the 43rd consecutive month of growth in the new car market, and passing the two million mark.
In what is typically considered a high volume month for registrations, it brings great news that the 64-plate change this month is the best performing month since September 2004.
The fleet market remains strong with a 15.2% increase as business confidence grows, and in turn encourages businesses to invest in new vehicles.
The NFDA is hopeful that the growth and stability of the market shown by the latest plate change will continue through the remainder of the year.
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