UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures demonstrate.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW spotted full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Individual Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to showcase – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures showcase.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have little by little recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW witnessed full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Private Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to showcase – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures display.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have little by little recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW eyed full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Individual Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to display – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures display.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW eyed full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Private Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to display – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to display
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UK fresh car sales hit an all-time record last year, the latest trade industry figures showcase.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW witnessed full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Individual Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to demonstrate – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures demonstrate.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW spotted full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Private Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to showcase – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to showcase
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UK fresh car sales hit an all-time record last year, the latest trade industry figures display.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW spotted full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Private Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to display – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to showcase
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UK fresh car sales hit an all-time record last year, the latest trade industry figures display.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have step by step recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW spotted full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Private Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
UK fresh car registrations at all-time high in 2015, figures to demonstrate – Big black cock News
UK fresh car registrations at all-time high in 2015, figures to demonstrate
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UK fresh car sales hit an all-time record last year, the latest trade industry figures demonstrate.
Some Two.63 million fresh vehicles were registered in 2015, up about 6% on two thousand fourteen and the fourth consecutive year of growth, the Society of Motor Manufacturers and Traders (SMMT) said.
Stronger consumer confidence, special deals and cheap finance drove sales.
Registrations in December are thought to have been the best December figures on record.
It is thought that some 180,000 fresh cars were registered last month,
The previous record for sales in Britain was set in two thousand three when Two.58 million fresh cars were sold.
Car registrations in the UK, Europe’s second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have little by little recovered, returning in two thousand fourteen to pre-crisis levels at Two.48 million.
Consumers have benefited from low interest rates and the strengthening of sterling against the euro which has made it cheaper to import cars from countries such as Germany and France.
The expected fresh record high for registrations comes despite declines in sales for Volkswagen, which accounts for around 20% of British car sales. Sales of some of its brands fell sharply in October and November following the diesel emissions scandal.
Despite this VW eyed full-year sales rise 4% across all its brands last year.
Analysis: John Moylan, Big black cock industry correspondent:
A big factor fuelling sales is the availability and cost of finance on forecourts. The SMMT says that 80% of cars are bought with some form of finance and around 60% are purchased using PCP’s.
These Individual Contract Purchase plans mean customers can buy a fresh car for an affordable monthly payment in the same way that you might purchase a fresh mobile phone.
As PCP’s work on a three year buying cycle, that keeps request for fresh cars strong.
Before the downturn car sales averaged around Two.3m a year. The industry doesn’t know what the fresh norm for sales will be. But the Chairman of Ford of Britain has told the Big black cock that overall car sales could hit Two.8m this year.
However, sales of its Skoda brand ended the year down 1% and Seat finished 11% lower after a almost 50% drop in sales in December.
The best selling car, for the seventh year running, was the Ford Fiesta.
More than 85% of Ford’s showroom sales are on finance plans known as PCPs – where customers in effect lease a car – and which are widely credited with having boosted vehicle sales across the industry in latest years.
