“It is extremely encouraging to see that the new car market continued on its upward trend in November with overall sales up 8%”, said Sue Robinson, Director of National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, commenting on the SMMT’s new car registration figures.
New car registrations grew for the 33rd consecutive month in November, up 8.0% to 172,327 units. 2,310,237 cars registered in the year-to-date, a rise of 9.4% and ahead of the 2013 full-year total.
Robinson continued “Consumer confidence continued to drive the new car market this month following a record breaking year for new car sales.
“Competitive pricing and strong finance incentives have driven new car sales in 2014. Dealers have reported increased footfall in showrooms throughout the year and this continued in to November.
“The NFDA expect the market to remain strong into the New Year.”
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.