New car sales up in 2015

New car sales up in 2015

A record-breaking number of new cars was sold in the UK last year, official figures have revealed.

According to data released by the Society of Motor Manufacturers & Traders (SMMT), there were more than 2.6 million new car registrations in 2015.

The new figures represent a rise of 6% on 2014, which saw 2.48 million registrations, and are higher than the 2003 peak of 2.58 million.

Year-on-year sales had been rising for 43 months in a row until October, when they dipped slightly before returning to form in the final months of the year.

Today's statistics have shown that sales increased by 8% in December, while also jumping 3.8% in November.

According to Mike Hawes, chief executive of the SMMT, buyers were spurred on by growth in wages and low interest finance deals.

Sales are now e xpected to level out over the year ahead, Mr Hawes added.

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