RE: Looking good7 Jan 2016 09:24
LONDON (Reuters) Jan 7 2016 - British new car registrations hit an all-time high last year, an industry body said on Thursday, helped by rising consumer confidence, the strength of the pound and cheap car loans.
Full-year car sales rose 6.3 percent to 2.63 million in 2015, the Society of Motor Manufacturers and Traders said, confirming what two sources told Reuters on Wednesday.
Volkswagen (VOWG_p.DE), which saw sales across several of its major brands fall in October and November in the aftermath of the diesel emissions cheating scandal, saw full-year sales of its VW-branded cars rise 4 percent last year.
However, sales of its Skoda brand ended the year down 1 percent and Seat finished 11 percent lower after a nearly 50 percent drop in sales in December.