The UK car sales market 2014 reports that the figures have risen substantially, breaking the greatest record that dates back to the 80′s. Official updates were released last month, May, which is the 27th month in a row to have projected high automotive market sales. Factors involving to such would be the raised level of confidence, as well as a solid economic growth. Both these have swelled great demand for a list of new cars within the UK, where sales continue to outpace the pre-recession levels.
British automotive buyers have always been the car industry darling of the European region, and this has been so for the past two years while the remainders of the continent were stifling with dwindling sales. In the UK, new car sales in May rose 7.7 percent to 194,032 vehicles. The sales have been up by far to an 11 percent mark compared that of the collective sales of 2013. Nevertheless, that does not deny the inquisitiveness of market watchers and expert analysts, particularly on the topics of economic foundations and sustainability of the massive boom.
Recent studies suggests that in every ten new cars, at least eight are bought through credit in the UK. Since […]