Bumper year for car sales

City A.M. Reporter
BRITISH new car sales grew by more than 10 per cent last year to hit a five-year high, bucking a gloomy trend in most of the rest of Europe, industry figures are expected to show today.

The Society of Motor Manufacturers and Traders releases 2013 car sales figures this morning. But in a briefing late yesterday it said it expected them to exceed its forecast of 2.25m and be up by more than 10.5 per cent on the year.

In 2012 Britain overtook France as Europe’s second-biggest new car market after Germany.