Cars Registrations SMMT News

Market growth strengthens in August

04 September 2009 #Cars #Registrations #SMMT News


·         New car registrations rose 6.0% in August to 67,006 units
·         This was the second successive month of growth and builds on the 2.4% gain in July, as the scrappage incentive schemes continues to influence the market positively
·         Registrations from private buyers and of small cars were again up strongly in August
·         Outlook for growth in key September market and new ‘59’ plate
“New car registrations in August increased for the second successive month, providing welcome news for the UK motor industry. The scrappage incentive scheme is having a positive impact but with consumer and business confidence still fragile, there remain significant risks ahead. It is essential that these early signs of recovery are sustained into 2010,” said Paul Everitt, SMMT chief executive.
For the full release, please download the attached document


Filter News

Update Newsletter