“It is extremely encouraging to see that the new car market recorded its best performance with registrations hitting the 2.6million mark in 2015”, 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 sales rose 6.3% in 2015 to 2,633,503 units – exceeding forecast and outperforming the last record year in 2003. December’s 4% rise marked the fourth consecutive year of growth.
Robinson continued, ““Strong new car sales will have a lasting positive impact on the UK economy as all the new cars of today need to be serviced in the years ahead.
“Continued low interest rates drove UK sales in 2015 as the UK car market recorded its best performance since 2004.
“Competitive offers from manufacturers along with strong finance offers boosted sales as consumer confidence returned to the market.
“The NFDA expect the market this year to continue to perform well and to build on the success of 2015.”
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.