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Vauxhall boss: 'Good times are back' in car sales boom

The boss of Vauxhall has welcomed a boom in new car sales in the UK and has said it showed "the good times are back".

With figures for March at their highest for 10 years, Vauxhall's Tim Tozer said it shows greater confidence in the economy.

But he insisted that there will not be be a return to boom and bust.

ITV Business Editor Joel Hills looks at the reasons behind the sales surge:

New car sales at their highest level for a decade

New data from the Society of Motor Manufacturers show new car sales in March were at their highest level since 2004.

  • 464,824 cars were registered in March, a 17.7% year-on-year rise
  • Sales in the first three months of the year up 13.7% compared to 2013
  • Second-highest monthly figure since the introduction of twice-yearly registrations in 1999

Vauxhall boss: 'This is not boom and bust territory'

In his first interview, the new head of Vauxhall UK has told ITV News that rising house prices are helping car sales because of increased consumer confidence.

But Tim Tozer insisted to Business Editor Joel Hills that a rise in car sales did not herald a return to "boom and bust territory".

Vauxhall boss: 'The good times are back' for car industry

The new head of car company Vauxhall has told ITV News Business Editor Joel Hills that "the good times are back" following an upturn in car sales.

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