Doubt over car sales holding through 2013

Richard Lowe, head of retail and wholesale at Barclays commented on the positive car sales figures, saying;

As we look to the year ahead the real question is whether this demand will hold.

Consumer pockets will continue to be squeezed, and with pre-registration figures increasingly accounting for a larger percentage of the market, both manufacturers and dealers will have to be careful that supply does not outstrip demand.


Car sales surge above 2m

More than two million new cars were sold in the UK last year, an increase of 5.3% on 2011 and the highest since 2008, new figures have showed.