Ticking over nicely: UK car sales at highest for 10 years in 2014
Sales of new cars rocketed to a 10-year high in 2014, much stronger than previously expected.
New registrations were helped along by the UK’s economic recovery boosting consumer confidence and sweetened by attractive financing deals.
Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, told Reuters that sales in 2014 had been “incredibly strong, stronger than expected” and that 2015 looks promising. He added that UK production rates were disappointing, however.