The Society of Motor Manufacturers and Traders have revealed that sales of new cars in March reached the peak of this century so far.
Data on automobile purchases revealed that a huge 492,774 cars were registered in March 2015. This amount is 6% greater that the figure for March 2014 and is the highest total in a month for a number of years- since August 1998.
The publication of this fact will be greeted warmly by the Chancellor of the Exchequer, George Osborne, as it will be used to demonstrate the extensiveness of the economic recovery. With the general election looming, the burgeoning car industry will be highlighted by Mr Osborne as evidence of the Conservativeís economic policies working.
The car models which sold the most in March 2015 were the Ford Fiesta and the Vauxhall Corsa. It became the thirty-seventh consecutive month in which sales for new cars had gone up and the flourishing industry was further demonstrated by the introduction of the latest, no. ë15í number plates.
A number of experts within the industry argue that car sales have played a significant part in the economic recovery over the last few years. The chief executive at the Society of Motor Manufacturers and Traders, Mike Hawes, commented: ìThe best month this century for new car registrations is a welcome boost for the UKís thriving automotive sector.î
He went on to implore: ìWhatever the General Election result, the new government must keep up the commitment to the sector.î