“It is extremely positive to see that the new car market in 2015 has got off to a strong start”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial retailers across the UK, commenting on the SMMT’s new car registration figures for January 2015.
New car sales figures released today show sales rose by 6.7% over the previous year.
This is the 35th consecutive month of growth in the UK market. Robinson continued ‘January saw strong growth in the UK fleet market with an increase of 18.1% indicating a strengthening in business confidence enabling businesses to invest in the purchase of new vehicles.’
“The new car market across Europe is seeing signs of recovery with Germany this week posting a 2.5% increase in new car sales in January, as well as Spain and France who posted 27.5% and 5.9% increases respectively. It is believed that improving consumer sentiment across Europe and more disposable income and Government incentives are helping drive this market.
“The NFDA expect the market this year to continue to perform well and to build on the success of 2014.”
NOTES TO EDITORS:
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.