Monday, July 15, 2024
HomeNEWSfalling car sales 'worrying', says Close

falling car sales 'worrying', says Close

Following the news from the Society of Motor Manufacturers and Traders that car registrations fell 4.6% in May, Seán Kemple, director of sales at Close Brothers Motor Finance, comments: “It’s another disappointing month for the sector, a worrying phenomenon as we approach the traditional summer slowdown.
 
“All eyes now are on alternative-fuel vehicles. The used AFV market is growing at a far more impressive rate than the new one, with the situation of range anxiety, consumer awareness, and recent reports of struggling infrastructure beginning to improve. To improve the new market we need a firm commitment from the government on the next steps for infrastructure in the UK and, with manufacturers such as Tesla supercharging the network, there may be opportunities for manufacturers and Westminster to work together.
 
“There are certainly opportunities here for dealers too to capitalise on by ensuring both the forecourt and digital showroom are up to scratch.”
 
 

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