Car sales reach all-time high - but 'will fall this year'



More new cars were bought in the UK in 2016 than ever before, a manufacturers' group has revealed.
But there is bad news for dealers as sales are expected to fall this year.
There were 2.69 million cars registered last year, a rise of two per cent on 2015, says the Society of Motor Manufacturers and Traders (SMMT).
Sales have been increasing steadily over the past five years, with drivers buying the vehicles they could not afford in the immediate aftermath of the 2007 financial crisis.
"Very strong" consumer confidence, attractive new models and low-interest HP deals have also... read more

 
5 January 2017 in Auto, Views: 43
Source: The Week
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