5 of the biggest UK motoring bosses expect total new car sales to hit a record 3 million units in 2017, a record that is only beaten by in Europe by Germany. Last week’s AutoCar awards saw bosses from some of the biggest names in motoring including Ford, Hyundai, Volvo, Mitsubishi and Ssangyong are all expecting sales to reach between 2.8m – 3m. Ford of Britain boss Andy barratt told AutoCar, “We can certainly see a 3m unit market next year if the current growth rate continues,” and he further went on to say that the blue oval are expecting to sell an extra 200,000 cars next year compared to 2015.
The current UK market record in 2.6 million, which was set last year, but the usual sales total reaches around 2 million. 2002, 2003 and 2004 was a great period for the market with a row of bumper sales, each year hitting the 2.5 million mark. Germany are currently selling 3 million cars per year, but in 2017 are expecting a whopping 3.2 million.