Luxury car sales rebound in May in a buoyant property market

Most luxury car brands generated sturdy sales growth in May with confidence strong at the top end of the fresh vehicle market which has a close link to the buoyant property market and profits made by business owners.

Fresh vehicle sales for the middle market displayed a strong rebound in May after a soft April, with total sales across the industry up 6.Four per cent to 102,901 vehicles compared with the same month a year ago, lessening fears that the economy had entered into an extended consumer spending slowdown. Continue reading →