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New car registrations increase 3.5%

Registration of new cars in Britain rose by 3.5% year-on-year in June, following robust demand from from private buyers.

According to the Society of Motor Manufacturers and Traders, the rise was not as strong as the 7.9% increase in May, although the market was 5% ahead of expectations for Q2, indicating strong levels of consumer demand.

Commenting on the figures, Paul Everitt SMMT chief executive said: “Despite domestic and international economic concerns, UK motorists are responding positively to new products and the latest fuel-efficient technology.

“The industry has performed better than expected in the first half of the year.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .