NEW CAR MARKET GROWS IN AUGUST

Published 05/09/2016 00:00:00 in Press Releases

“It is positive to see that despite August usually being a quiet month, new car registrations rose 3.3%”, 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 were up 3.3% in August with 81,640 units. The market also remains strong year-to-date, up 2.8% compared to last year with 1.68 million units. Alternative fuel vehicles (AFVs) continued to consistently grow by 30.8% with nearly 10,000 units more than last year.

Robinson continued, “Intelligence from our members demonstrates consumer demand remains steady as a result of record employment levels and record low interest rates. With good footfall through dealerships we look forward to the September plate change with confidence.”

 

ENDS

NOTES TO EDITORS:

Rupal Rawal, Press Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406
Web:  www.rmif.co.uk  Email: rupal.rawal@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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