In the UK new car registrations are still on the up, with monthly sales up 10% year on year. It's the 42nd month of rising sales over there.
With strong demand for ‘alternatively fuelled vehicles’ such as plug-ins and pure electric cars, more growth in car sales is predicted.
As an indicator of economic confidence, the burgeoning car sales is good for UK plc. However European and global markets have remained fairly flat, which could herald choppy waters ahead.