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Concern over 2013 new car sales forecast

Date: 27 August 2013   |   Author:

Marshall Leasing MD Peter Cakebread has raised concerns over future RVs in comments that echo those made by KwikCarcost boss Denis Keenan exclusively reported by BusinessCar last month.

The SMMT is predicting the UK new car market will reach 2,216,000 vehicles in 2013, up from its previous forecast of 2,106,000. That would leave registrations 8.4% up on 2012.

Cakebread explained: "From one perspective it is, of course, very good news. But. from the point of view of those who rely on the second-hand market when refreshing fleet stock - it becomes slightly concerning," he said.

"A rise in registrations heralds a potential increase in the number of vehicles entering the used car market in a few years' time, and that could have a negative impact on fleet providers."