New car market continues to perform well

Published 06/02/2013 00:00:00 in Press Releases

“The new car market continues to perform well despite wider economic uncertainty” said Sue Robinson, Director of the RMI 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 11.5% compared to January 2012. Fleet registrations increased by 6% last month whilst private registrations increased by 15.9%.


Sue Robinson continued “Although the NFDA don’t expect to see major growth in the UK new car market during 2013 we do expect it to be stable. We expect the market to be supported by strong manufacturer deals and offers that will encourage consumers to buy.


“We also anticipate some pent up demand from consumers who have put off buying a new car due to economic conditions but can no longer delay as their car ages with consequent effect on repair and maintenance costs. Many of these customers will look to buy a well priced smaller vehicle that are cheap to maintain and run.”


ENDS


NOTES TO EDITORS:


Keely Scanlan, Press Officer

Tel: 020 7307 3410

Mob: 07825097697

Press Office direct line: 020 7307 3422   

Press Office fax: 020 7307 3406


Web: www.rmif.co.uk       Email: keely.scanlan@rmif.co.uk

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.

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