Sales & Marketing

Car sales hit new high

Car sales in Britain rose 5.1% to 185,778 vehicles in April in the strongest performance for the month since 2005, according to the Society of Motor Manufacturers and Traders. The rise was at odds with some business surveys saying customers were putting off purchases ahead of the election. New car sales in 2015 so far are up 6.4% on the same point last year, at 920,366. April marked the 38th consecutive monthly increase. The sales increase was driven largely by fleet sales, which were up 9% in April. Private sales rose 2.7% while business sales were down 12.4%. Analysts said consumer appetite has been boosted by cheap finance deals, with dealers discounting significantly to maintain sales. IHS Automotive analyst Tim Urquhart said he expected UK sales to start falling next year as the current momentum was due to deals on offer.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…


Mexico is predicted to become one of the world’s top 10 economies in the next 10 or 20 years.

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?