UK new automobile registrations rose a minimum of three p.c in January

British new automobile registrations rose by a minimum of three p.c year-on-year in January, per preliminary business information, continued a series of rises helped by low interest rates, low-cost credit and rising client confidence.

Total sales rose to over 169,000, creating last month the simplest January since 2005, the Society of Motor makers and Traders (SMMT) aforesaid, following on from record high automobile registrations in 2015.