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07/08/2012
New Car Registrations Up 9.3%
New car registrations continue to improve, according to the Society of Motor Manufacturers and Traders (SMMT).
They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012.
Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
All fuel types showed increased volumes in July, with alternatively-fuelled registrations up 45.9% in the month.
SMMT has revised up its full year forecast for 2012 to 1.97 million units, compared with 1.94 million in 2011.
"New car registrations rose 9.3% in July, continuing the upward trend seen during recent months. SMMT’s full year forecast is for 1.97 million cars to be registered during 2012 suggesting a slight slowing of demand in the second half of the year," said Paul Everitt, SMMT Chief Executive. "International economic stability remains a concern for vehicle manufacturers and the UK market, but intense competition and new fuel efficient products are creating great opportunities for motorists."
(GK)
They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012.
Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
All fuel types showed increased volumes in July, with alternatively-fuelled registrations up 45.9% in the month.
SMMT has revised up its full year forecast for 2012 to 1.97 million units, compared with 1.94 million in 2011.
"New car registrations rose 9.3% in July, continuing the upward trend seen during recent months. SMMT’s full year forecast is for 1.97 million cars to be registered during 2012 suggesting a slight slowing of demand in the second half of the year," said Paul Everitt, SMMT Chief Executive. "International economic stability remains a concern for vehicle manufacturers and the UK market, but intense competition and new fuel efficient products are creating great opportunities for motorists."
(GK)
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Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
