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07/08/2012
New Car Registrations Up 9.3%
New car registrations continue to improve, according to the Society of Motor Manufacturers and Traders (SMMT).
They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012.
Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
All fuel types showed increased volumes in July, with alternatively-fuelled registrations up 45.9% in the month.
SMMT has revised up its full year forecast for 2012 to 1.97 million units, compared with 1.94 million in 2011.
"New car registrations rose 9.3% in July, continuing the upward trend seen during recent months. SMMT’s full year forecast is for 1.97 million cars to be registered during 2012 suggesting a slight slowing of demand in the second half of the year," said Paul Everitt, SMMT Chief Executive. "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."
(GK)
They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012.
Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
All fuel types showed increased volumes in July, with alternatively-fuelled registrations up 45.9% in the month.
SMMT has revised up its full year forecast for 2012 to 1.97 million units, compared with 1.94 million in 2011.
"New car registrations rose 9.3% in July, continuing the upward trend seen during recent months. SMMT’s full year forecast is for 1.97 million cars to be registered during 2012 suggesting a slight slowing of demand in the second half of the year," said Paul Everitt, SMMT Chief Executive. "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."
(GK)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
