New vehicles sales hit record highs for November due to higher net migration and low interest rates

Fri, 02 Dec 2016

By Fiona Rotherham Dec. 2 (BusinessDesk) - High migration and low cost of debt is fuelling record sales of new vehicles which have already passed the amount sold for all of 2015 and looks likely to hit 140,000 for the full year. November was another record month of registrations, up 18.2 percent on the same month the previous year and delivering a steady 9.5 percent growth for the year to date while new registrations of 13,750 for the month were also the strongest November month on record. This year there have been 135,544 new vehicles re...

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