New car registrations rose 12.1 per cent in September
Figures show recovery in the UK new car market.
New car registrations in the UK grew by 12.1 per cent to 403,136 units in September 2013 compared to 359,612 units for the same period last year marking the highest volume since March 2008, according to the statistics released by the Society of Motor Manufacturers and Traders (SMMT).
More than one in seven new cars registered during the month were produced in the UK. Ford’s Fiesta was the best selling model of the month with 20,629 units, followed by Corsa and Focus.
Mike Hawes, CEO of SMMT, said: “With over 400,000 new cars registered for the first time in over five years, the UK market is reflecting growing economic confidence.
“Robust private demand has played a major role in this growth with customers attracted by exciting, increasingly fuel-efficient new models which offer savings in the cost of ownership.”
In addition, total commercial vehicle (CV) registrations grew by 12.4 per cent to 49,197 units in September with higher confidence and upcoming Euro 6 legislation producing a strong recovery in truck volumes.
During the month, van and truck sales grew by 10.3 and 29.7 per cent respectively to 43,066 and 6,131 units.
Hawes added: “Encouragingly, van registration levels have stabilised, up around 10 per cent in the month and year-to-date, after a variable year that reacted to model changes and changeable market conditions.
“Year-to-date truck demand is back to 2012 levels after a slow start to the year and we expect the last quarter to be very strong for the sector.”