"It is extremely positive to see that the new car market continues to grow with April seeing its strongest growth in 10 years – increasing 5.1% on April 2014", said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, commenting on the SMMT new car registration figures.
New car sales figures released today show April new car registrations rose 6.4% year to date.
Robinson continued, "Although retail sales growth has began to slow consumers are still confident to buy new cars as they feel the benefits of the recovering economy giving them more disposable income. Finance offers such as PCP and service plans are helping to fix and in some cases cut the cost of motoring for drivers also encouraging them to buy a new vehicle."
"Strong growth was seen in the fleet market, which is up 13.4% year to date boosted by increased business confidence as the UK economy grows".
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.