Car registrations hit a 10-year high in 2014, it has been revealed as the motorcycle industry awaits the year-end figures.
The Society of Motor Manufacturers and Traders statistics were described as “extremely encouraging” by Sue Robinson, director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK.
New car sales figures released today show sales rose 9.3 per cent over the previous year in 2014. Every month in 2014 saw an increase, with December’s 8.7 per cent rise marking the 34th consecutive month of growth.
Robinson continued, “Competitive offers by manufacturers, along with strong finance offers, boosted sales as consumer confidence returned to the market.
“The NFDA expects the market this year to continue to perform well and to build on the success of 2014.”