172,907 new cars registered in July, a rise of 6.6% and the 29th consecutive month of growth. Economic confidence and attractive finance have driven the market up 10.1% year-to-date to 1,460,172 units. Faster-than-expected first half-year growth prompts upward revision of 2014 market forecast to 2.45 million registrations, up 8.1% on 2013.
1,287,265 new cars registered in first six months of the year – a 10.6% rise and the best half-year total since 2005. June saw new car registrations rise 6.2% to 228,291 units. Consumer demand for efficiency has driven alternatively-fuelled vehicle registrations up 51.3% to 23,337 units year-to-date.
May increase drives UK new car market to 27 consecutive months of growth, breaking record set in the late 1980s. New car registrations increased 7.7% in May to 194,032 units – the most in May since 2004.
New car registrations rose 8.2% in April to 176,820 units, the 26th consecutive month of growth.
Demand for the new 14-plate sees March 2014 reach 464,824 new car registrations, a rise of 17.7%. Since the move to a twice-yearly plate change in 1999, only March 2004 saw higher registrations (466,954).
February new car registrations rise 3.0% to 68,736 units. UK new car market achieves 24 consecutive months of growth, increasing 17.4% over the period. Rising GDP and growing car registrations signal increasing consumer confidence. Automotive retailers look forward to March results as expectations rise for strong 14-plate performance.
2013 confidence continues into January: 154,562 new cars registered, up 7.6%.
2,264,737 cars registered in 2013, up 10.8% on 2012 and exceeding SMMT’s 2.25 million forecast for the year. 2013 hits highest annual registration total since 2007 as December achieves 22nd consecutive monthly rise. On average, an additional 600 extra cars registered per day in 2013 than in the previous year.
New car registrations rose 7% in November to 159,581 units, the month’s best performance since 2004. 2,111,819 cars registered year-to-date, up 9.9% and already ahead of 2012 full-year figure of 2,044,609. Car market on target to hit SMMT forecast of 2.25 million registrations for 2013. “Motorists have bought more than two million cars so far Read more
New car registrations hit 157,314 in October, an increase of 4.0%. Registrations for 2013 to-date climb 10.2% to 1,952,238 units. SMMT new car forecast raised from 2.22 million to 2.25 million units for 2013, with the market set to stabilise and grow at around 1% in 2014 and 2015.