“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”, 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 sales figures, released today, show month on month sales were up 12.1% compared to September last year. Private registrations have risen 16.7% over the year-to-date, helping the overall market rise 10.8%.
Robinson continued “It brings great news that the 63-plate change this month is the best performing month since March 2008. The market remains significantly high with increased footfall and interest from consumers which show that the sector is stable and growing.
“Strong finance packages which allow consumers to budget for monthly payments and dealership incentives have fuelled demand and customers are continuing to opt for smaller, fuel efficient models. We are encouraged that the growth and stability of the market shown by the latest plate change will continue into 2014”.
NOTES TO EDITORS:
Rupal Rawal, Communications Assistant Tel: 020 7307 3412 Mob: 07528 977 157 Press Office direct line: 020 7307 3422 Press Office fax: 020 7307 3406
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.