car news headlines
Sales of cars in March were positive despite the ongoing credit crunch, figures have shown.
The number of Brits who bought vehicles - potentially on Car Finance - rose last month, with 451,642 units sold, marking an increase of half a percentage point compared with the same month in 2007.
However, the RMI National Franchised Dealers Association (NFDA) has warned that this trend may not last.
"Car sales in March experienced a boost thanks to the number plate change and consumer desire for smaller lower emitting vehicles, but the credit situation is likely to flatten the market over the next few months," said Sue Robinson, director of the NFDA.
She went on to add that many of the vehicles bought during the month may have been ordered in earlier months, before recent economic pressures set in.
Meanwhile, BusinessWeek.com reports that economic uncertainty was responsible for a 12 per cent drop in car sales in the US in the first quarter of this year.
More from Motoring
Used car sellers told to be careful
Oct 7 2008People putting their used cars up for sale have been advised to ensure their number plates are not visible in their advertisements.
More from Motoring
Car finance news: Internet changing car-buying process
Sep 30 2008The way people buy cars is changing, as a growing number of people are being influenced by the internet when searching for new cars for sale, it has been claimed.
More from Motoring
Used car buyers warned about insurance write-offs
Sep 17 2008Car buyers have been advised not to be "taken in" by the appearance of a used car but to be wary of whether the vehicle is actually an insurance write-off.
More from Motoring
Car finance news: Aston Martin teams up with Bang & Olufsen
Sep 15 2008Aston Martin has announced a new partnership with Bang & Olufsen that will see a new audio system feature in the marque's DBS sports car.
More from Motoring
Used car values fall in August
Sep 8 2008Used car values continued to slide last month, according to the latest figures from British Car Auctions (BCA).
More from Motoring
Used car market has "underlying strength"
Sep 3 2008Although the used car market is experiencing a downturn, one expert has suggested that it is likely to recover.
More from Motoring
Used car valuations "difficult"
Aug 29 2008Being able to accurately value used cars is proving "difficult" given current market conditions, it has claimed.
More from Motoring
Used car values expected to fall
Aug 7 2008The government's proposals for changing the way vehicle excise duty (VED) is calculated could see used car values fall, according to one expert.
More from Motoring
More visitors view cars for sale at Motor Show
Aug 4 2008The number of people viewing the thousands of cars for sale and new vehicles on display at this year's British Motor Show is expected to be higher than two years ago, organisers have said.
More from Motoring
Tyre advice 'may aid car loan customers'
Aug 1 2008Car loan customers heading off on long summer motoring holidays could be surprised by new figures from the RAC Foundation on drivers' tyre knowledge.
More from Motoring
