RISING: SMMT report more strong growth
Fleet and business registrations continue to enjoy impressive year-on-year and year-to-date growth, statistics show.
In August, fleet sales of 32,386 ensured a year-on-year boost of 7.4%, while business registrations went up to 1,943 – 13.4% higher than last year.
Year-to-date uplift was 4.7% and 15.3% respectively for fleet and business, with 671,708 and 59,501 registrations during 2013.
The good performance was reflective of the strong overall market, which enjoyed yet another rise.
Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT) said: “UK new car registrations have now risen consecutively for a year and a half.
“Private and fleet buyers are clearly capitalising on attractive deals and new technologies against a backdrop of increasing economic confidence.
“Ahead of the September plate-change, August always has far fewer registrations, but the 10.9% rise this month bodes well for the new 63-plate.”
