New ve­hi­cle sales surge to 10 year-high in UK

China Daily (Canada) - - FRONT PAGE -

New car sales in the United King­dom hit a 10-year high in 2014, boosted by con­fi­dence in the coun­try’s eco­nomic re­cov­ery, the So­ci­ety ofMo­torMan­u­fac­tur­ers and Traders said on Tues­day. In to­tal, 2.47 mil­lion new cars were regis­tered in the UK last year, up 9 per­cent on 2013 and the best an­nual per­for­mance since 2004. Sales rose each month last year, with De­cem­ber’s rise rep­re­sent­ing the 34th con­sec­u­tive monthly jump, saidMikeHawes, chief ex­ec­u­tive of the So­ci­ety of Mo­torMan­u­fac­tur­ers and Traders. Low in­ter­est rates, which fa­cil­i­tated at­trac­tive fi­nanc­ing deals, also boosted sales, he said.

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