March registrations to set new record
02 April 2017
Figures seen by Auto Retail Agenda indicate that March new car registrations are on course to top 2016s total itself a record-breaking month at 518,707 cars by around three percent. A three percent rise in new car registrations in March would mean a total above 534,000.
The increase is understood to have been driven by sales being pulled forward from April, as car buyers tried to take advantage of the old VED system before the new scheme started on Saturday, 1st April.
However, retailer sources have told Auto Retail Agenda that much of this pull forward has been driven by manufacturers pushing deals and registrations particularly at the end of the month.
Tags:
Why Subscribe?
As an auto retail executive you need insightful and unique industry intelligence to boost your business potential. Here’s a taste of what Auto Retail Network has to offer:
- Get informed and boost your business potential
- More than 1,200 fellow executives have joined us since launch
- Independent, carefully crafted, unique content relevant to you and your business
- Develop a greater awareness of market trends and opportunities
- Access to a wide range of materials whenever, wherever and however you want it
- Significant discounts on ARN events, reports and other publications
