OVERTAKEN: 2013 registrations up
New car registrations are already higher in 2013 than the 2012 full-year total, the Society of Motor Manufacturers and Traders (SMMT) have reported.
Last month, registrations rose 7% to 159,581 units – the best November since 2004 – while the 2,111,819 registrations to date mean 2013 is already ahead of 2012.
The car market is on target to hit the SMMT forecast of 2.25million registrations for 2013.
Mike Hawes, Chief Executive of the SMMT, said: “Motorists have bought more than two million cars so far in 2013, a tremendous success for the industry on the back of buoyant consumer confidence and innovative new products.
“With the UK economy looking increasingly positive, we can expect strong underlying demand for new cars to continue into 2014, with volumes set to match or surpass those seen this year.”