The RMI is predicting record new car sales this month after registrations rose 18% in February to 93,515 units - the 17th consecutive monthly increase.

Alan Pulham, RMI franchised dealer director, said: "The high February sales figures show that consumers still prefer buying from franchised dealers.

"New car buyers are no doubt tempted by the fact that manufacturers are constantly adding value to vehicles in an increasingly competitive market place.

"The motor industry could well be heading for record new car sales in March."