A selection of Britain’s car dealer bosses believe UK new car sales will hit 3 million units a year in 2017, a record that would leave the UK not far off Germany, which currently has Europe’s biggest new car market.
Speaking at a dealer conference at last night's Autocar Awards, five key UK distributor bosses from Ford, Hyundai, Mitsubishi, Ssangyong and Volvo all predicted a significant growth in new car sales, with estimates ranging between 2.8 and 3m units per year.
"We can certainly see a 3m unit market next year if the current growth rate continues," said Ford of Britain boss Andy Barratt.
Barratt said Ford is already ‘geared up’ for 2.8m units this year – an increase of around 200k cars compared to 2015. "If it happened, we could take our share," Barrett added.
Hyundai UK president Tony Whitehorn agreed, suggesting that: "the market will stretch up to 2.8 to 2.9m units this year".
Whitehorn added: "There is obviously anxiety about Brexit, but assuming the market will go the way we think it will, new segments and general demand will drive it."