Blog: A note on the UK car market
Dave Leggett | 7 January 2014
The UK's car market does stand out in Europe as the only one of the big four national markets to see growth in 2013. So, what's been going on? Why has the UK apparenty bucked the trend?
Several factors are at work, including.
- The UK economy and resilient consumer confidence.
- Households in Britain have benefited from some UK-specific gains.
- A highly competitive UK car market.
- Dealer "pre-registrations" that can inflate the market.
- Continuing very low interest rates.
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