John Leech, head of automotive at KPMG UK, comments on the latest SMMT new car registration figures. He said:
“With new car sales rising 3.8 per cent in November and year-to-date figures some 2 per cent higher than in 2014, it seems certain that 2015 will break the all-time sales record for new cars. Manufacturers are maintaining their levels of incentives fuelled by the strength of Sterling and with an expected year end pre-registration push, we expect that 2.62 million cars will be sold in 2015, beating the 2.58 million record set in 2003. Although diesel sales have remained steady, Volkswagen is suffering as a direct consequence of the Dieselgate publicity with sales down 20% in November.
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.
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