New car registrations jumped 14.2% in October to 179,714 units, marking the 32nd consecutive month of growth.
2,137,910 cars registered in the year-to-date –first time the market has passed two million in October since 2007.
October performance exceeded expectations; demand for new cars set to stabilise in coming months.
425,861 new cars registered in the key month of September, a rise of 5.6% and the biggest September since 2004.
New ‘64’ numberplate boosts volumes, with September marking the 31st consecutive month of growth in the new car market.
Registrations for the year-to-date reach 1,958,196 – up 9.1% on January-September 2013.
72,163 new cars registered in August, a 9.4% rise
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%.