Sales of new cars still rising in the UK

A total of 162,228 new cars were registered in July 2013 – a 12.7% rise on the July 2012 figure, the Society of Motor Manufacturers and Traders (SMMT) said

New car sales have raced ahead again

New car sales have raced ahead again, according to official figures.

A total of 162,228 new cars were registered in July 2013 – a 12.7% rise on the July 2012 figure, the Society of Motor Manufacturers and Traders (SMMT) said.

This was the 17th successive monthly increase and took the year-so-far total to 1,325,851 – a 10.3% increase on the January-July 2012 figure.

The strong sales in recent months has meant the SMMT has revised upwards its year-end figure for 2013. The society now expects annual sales to reach just under 2.22 million.

This would be 8% up on the 2012 total and the best annual figure since 2007.

SMMT interim chief executive Mike Baunton said: “Strong business and consumer confidence in July saw the new car market continue to rise.

“Now we have evidence of consistent growth, we have raised our forecast for 2013 new car registrations.”

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