Last week the Retail Motor Industry Federation (RMI) reported that new car sales figures showed an increase in sales of 3.3% in April compared to 2011. More encouraging news of the sector’s recovery, it was reported that private registrations increased by 14.8%.
Sue Robinson, Director of the RMI National Franchised Dealers Association, commented, ‘After months of low consumer confidence and decreased vehicle sales there is now pent up demand for vehicles as consumers see the need to replace their older cars. There also appears to be strong demand for smaller vehicles that offer better fuel economy and cheaper maintenance.’
Welcome news for the automotive industry at large, signs that the sector is recovering even as Britain’s economy slides back into recession is good news indeed. Robinson continued, ‘…the new products and services offered by dealers and manufacturers is encouraging people to buy.’ The services offered by vehicle technicians and diagnosticians continue to become more efficient and cost-effective for the consumer as the technology in car diagnostic tools continues to develop and improve; and a trend such as this means an increase in consumer spending for the automotive maintenance industry is sure to follow.