UK new car registrations continue to rise

Increase of 9.6 per cent in August to 79,060 units according to latest SMMT figures

UK new car registrations continue to rise
The market for alternatively-fuelled vehicles, meanwhile, grew 52.3 per cent year on year.

August marked the 42nd consecutive month of year-on-year growth, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).

Last months UK car market figures take year-to-date growth to a healthy 6.7 per cent, although the SMMT say August was one of the year’s quietest months, as is traditionally the case.

Gains were made across all sectors and all fuel types, with registrations in the private, business and fleet markets up 7.2 per cent, 11.8 per cent and 12.1 per cent respectively.

The market for alternatively-fuelled vehicles, meanwhile, grew 52.3 per cent year on year, maintaining a steady 2.4 per cent share of the overall market.

Mike Hawes, SMMT Chief Executive, said, “August’s strong performance has again been driven by attractive finance deals and a diverse range of technologically advanced models.

“Britain’s budget-conscious buyers are taking advantage of low regular monthly payments that provide certainty and affordability.‎

“With September’s new 65-plate now in full swing, we expect UK showrooms to be as busy as ever.”

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