05-01-2017 13:41 via uk.news.yahoo.com

UK car sales hit record high in 2016 but dip predicted

By Costas Pitas LONDON (Reuters) - A record 2.69 million new cars were sold in Britain in 2016 despite fears that the Brexit vote would hit demand, but the industry predicts sales will fall this year as the weaker pound drives up the cost of imported models. Full-year car registrations beat the previous record of 2.63 million set in 2015, dashing some analysts' expectations that Britons' June vote to leave the European Union would lead to a slump in 2016. Car sales in Britain, Europe's second-la
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