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The UK new car market remained steady in February, dipping just -0.3%, according to figures released by SMMT.
The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005.
Significantly, however, the alternatively fuelled vehicle segment grew 19.9% to take a record 4.2% market share2 – the first time 4% has been surpassed. Across other fuel types there was a mixed picture with diesel registrations down -4.3% but new car registrations of petrol cars grew 8.9%.
The UK new car market achieved another record year in 2016, with annual registrations climbing for the fifth year in a row to almost 2.7 million.
184,101 new cars were registered in the UK this November, with the market increasing by a steady 2.9%, according to the latest figures from SMMT.