DELVE into the new car registration data and talk to industry sources and you’d be forgiven for thinking that in some areas pre-pandemic behaviour was back in the form of cars being pushed into the market through fleet and broker channels.
While the SMMT continues to push a positive ‘growth is coming’ message, industry sources are far more cautious.
Headline figures reveal November 2022 new car registrations were up more than 20% on the same month last year, however economic pressures are beginning to show their presence in the new car market . . .