Private registrations boost car sales
"It is encouraging that new car sales increased in April with private registrations continuing to improve" 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 show month on month sales were up 3.3 per cent compared to April last year. Private registrations increased by 14.8 per cent, continuing the sector’s recovery.
Robinson continued “After months of low consumer confidence and decreased vehicle sales there is now pent up demand for vehicles as consumers see the need to replace their older cars. There also appears to be strong demand for smaller vehicles that offer better fuel economy and cheaper maintenance. This along with the new products and services offered by dealers and manufacturers is encouraging people to buy.
“The upcoming Jubilee celebrations and Olympic games may cause distraction for consumers. Therefore in order for the market to remain stable the Government should offer support by reviewing schemes that boost spending.”