Retail demand drives 2013 car market to best performance in 5 years

Published 07/01/2014 00:00:00 in Press Releases

“It is extremely encouraging to see that the car market is back performing at pre-recession level” said Sue Robinson, Director of the 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 10.8% in 2012 giving a total market of 2,264,737. Private registrations in December 2013 increased by 19.8%, recording the 22nd consecutive monthly rise.

Sue Robinson continued “Increased retail demand drove UK sales in 2013 as the UK car market recorded its best performance since 2007.

“Competitive offers by manufacturers along with strong finance offers boosted sales as consumer confidence returned to the market.

“Car showrooms have reported increased sales activity and interest from consumers looking to replace their vehicles, which is some cases are part of the aging car park or not as fuel or energy efficient as modern vehicles.

“The NFDA expect the market to continue to perform well and to build on the success of 2013.”

 

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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