Private registrations boost June car sales
"It is very encouraging that new car sales increased again in June with a boost to private registrations of 9.8 per cent 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, which show month on month sales were up 3.5 per cent compared to June last year.
Robinson continued “Customers are being tempted back into the showroom with some great offers on new cars. This is coupled with consumers still looking to reduce motoring costs by buying vehicles with lower maintenance costs and better fuel economy.
“Consumer confidence is however still fragile, particularly with the successive crises within the Eurozone and the recent issues in the banking sector.
“Additionally, the impending distraction of the Olympic Games that may keep customers out of showrooms will make market conditions challenging over the remainder of the summer.
“However, the NFDA are encouraged by the recent government announcement on the freeze on fuel duty. This will have a two pronged effect of increasing the available income for consumer spending combined with a decrease in the overall cost of motoring.”