London, 06 February 2014 -- On 6 February 2014, the UK motor trade association the Society of Motor Manufacturers and Traders reported that UK new car registrations rose 7.6% year on year in January. Overall, their latest annual forecast, released in November 2013, is for full-year 2014 growth to slow to around 1% from 10.8% in 2013. However, Moody's Investors Service expects slightly stronger low single-digit percentage growth in new car registrations in 2014 as the economy strengthens and consumer confidence grows, according to a Sector Comment report published today.

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