Surge in new car sales sees record first-half high

Registrations rose 7 per cent in the six months to 1.38m, with June marking the 40th consecutive month of growth

Surge in new car sales sees record first-half high
British buyers choosing more British vehicles: UK-built cars make up highest proportion of new registrations in five years.

Figures released by the Society of Motor Manufacturers and Traders (SMMT) show that 1,376,889 cars were registered between January and June – higher than the previous record of 1,376,565 in the same period in 2004.

The popularity of British-built cars is also on the increase, with one in six choosing a UK-manufactured vehicle so far this year.

Low interest rates and attractive finance deals, combined with a wealth of new models featuring the latest technologies, have continued to encourage consumers to purchase new cars.

The figures show a strong surge in demand for alternatively fuelled vehicles in recent months, with volumes rising 70.9 per cent in June, contributing to June’s overall 12.9 per cent increase in new car registrations.

Mike Hawes, SMMT Chief Executive, said, “It is still a great time to buy a new car in the UK, and it is encouraging to see more consumers choosing British models.

“This is important for the wider economy with 799,000 people now employed across the UK automotive sector, including retail.

“We anticipate a flatter second half of the year as the market finds its natural running rate.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

The reCAPTCHA verification period has expired. Please reload the page.

Have your say!

0 0

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.