10-year car sales high flattered by tax changes

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March a 10-year high for NI new car sales

March was a record month for new car sales in the UK and a 10-year high in Northern Ireland. There were 8,556 new cars sold locally last month, just over 1,000 fewer (11%) than the pre-recession peak of 9,564 in March 2006. The near 10% y/y rise in local new car sales last month compared favourably with a UK increase of 8.5%.  However, Northern Ireland’s sales figures are coming off a lower base and follow declines recorded in earlier months. Continue reading