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New car sales increase for 22nd consecutive month

Date: 08/01/2014 10:53:22
Category: Car tracking
Author: Richard Towey

The new car industry continues to do well,in December sales figures rose for the 22nd consecutive month, the latest data has revealed.

According to rac.co.uk, the Society of Motor Manufacturers and Traders (SMMT) has revealed that just under 153,000 new cars were sold in December, meaning sales numbers were almost a quarter higher compared to December 2012.

In fact, 2013 as a whole was great for new car sales, as the industry experienced thebest year for sales since 2007 - another indication that the economy is on the mend.

A staggering 2.26 million new vehicles were registered during 2013, a 10.8 per cent rise on 2012. However, the SMMT did note that registrations were still six per cent below the high of 2.4 million seen in 2007, reports bbc.co.uk.

Mike Hawes, SMMT chief executive, said the new car market has helped stimulate the UK's economy.

"The 10.8 per cent increase in 2013 reflects the attractive financial offers available, as well as increased demand for more technologically advanced new cars," he explained. "We expect new car registrations to remain stable in 2014 as customers return to a more regular replacement cycle."

In further good new for the UK, the SMMT has confirmed that one in seven on all new cars bought last year were made in the UK.

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