Car sales soared by as much as 5.2 per cent
during January 2007, leading to a parallel increase in the number
of British people taking out
car finance .
The report comes from figures released by the Society of
Motor Manufacturers and Traders (SMMT), and indicate that over
160,000
cars were sold last month. This, according to SMMT experts,
means that the
car market remains healthy.
Christopher Macgowan, the chief executive of the SMMT, reportedly
commented: With a rise of 5.2 per cent, new
car registrations in January showed an encouraging start to
2007.This was the first increase in three months and the largest
rise since December 2005.
He concluded by highlighting the increasing
health of the market, saying: buyers are taking such
things as
fuel costs, CO2 performance and
interest rate movements into
account more and more when purchasing a
new car .
