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As October’s new car registration figures hit their highest mark this year – 31.6% – and positive headlines finally start to overtake the doom and gloom of the last couple of years, David Raistrik, UK Manufacturing Leader at Deloitte has remarked “while the industry celebrates this good news, there is a ‘perfect storm’ on the horizon where the automotive sector will be affected by a combination of factors that could come into play in Q1 next year.” Raistrick cites these factors as the end of the scrappage scheme, the return of the VAT to its old figure of 17.5% and the potential show room tax of £950 per vehicle which could be implemented in March. There’s also the possibility of a further increase in interest rates. He also commented that the low value of sterling and the cost of imported cars and parts may lead to car manufacturers having to increase their prices.