Last month, car sales rose by 9.3% with the total number of new car registrations at 143,884 according to the Society of Motor Manufacturers and Traders (SMMT). July was the fifth month in a row that saw growth in the car industry, marking it Britain’s strongest performance this year.
Paul Everitt, SMMT’s chief executive said:
“New car registrations rose 9.3% in July [compared with July 2011], continuing the upward trend seen during recent months. SMMT’s full-year forecast is for 1.97m cars to be registered during 2012, suggesting a slight slowing of demand in the second half of the year.”
“International economic stability remains a concern for vehicle manufacturers and the UK market, but intense competition and new fuel-efficient products are creating great opportunities for motorists.”