Car sales have continued to skyrocket in the UK thanks to private buyers buying up to third more new vehicles in April than in March, reports thisismoney.co.uk.
New figures from the Society of Motor Manufacturers (SMMT) show new car registrations rising 14.8 per cent in the year to April, with dealers selling a grand total of 163,357 vehicles last month.
This caused the SMMT to increase its forecast for full-year sales by 50,000 to 2.11 million. If realised, this would be three per cent more than the total in 2012 but 300,000 off the pre-recession market.
Private sales rose by 32 per cent compared with April last year as motorists hunted for smaller, more fuel-efficient vehicles to help them combat high petrol prices.
Telegraph.co.uk claims there was plenty of evidence of this being the case, as brand new versions of the Ford Fiesta, Vauxhall Corsa and Ford Focus made up the top three sellers over April. However, their new cars won't actually inform them of how much they're saving each month, which is why tracking systems will be needed to prove just how sensible their investments were.
Mike Baunton, SMMT Interim Chief Executive, commented: "The UK continues to perform well ahead of the troubled Eurozone as consumer confidence, regular purchase cycles, attractive finance deals and wider market factors continue to make new car buying favourable for motorists."