Thursday, 10 October 2013

United Kingdom Autos Report Q4 2013

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United Kingdom Autos Report Q4 2013
Oct 9th 2013, 00:00

Price: $ 1295  

In 2012, passenger car sales increased 5.4% in 2012. Consumer confidence increased moderately over the year, although we believe it remained relatively subdued. This partly drove the rise in passenger car sales, but we believe that the main causes were large pent-up demand in the market and heavy discounting by auto companies. In 2013, we forecast passenger car sales to increase 7.0% on the back of modest improvements in private consumption, price cuts from car sellers, and pent-up demand. ...

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