Car News 24 Feb 2016

It’s All About New

It’s All About New

The first half of 2014 has represented the best total for new cars registered in the UK since 2005 and is an increase of 6.2 per cent on June 2013’s figures. So far this year, 1,287,265 new cars have been registered, with 228,291 units of this coming from last month alone.

According to the Society of Motor Manufacturers and Traders (SMMT), consumers demand for more efficient vehicles has led to an increase in over 50 per cent on last year for the alternatively fuelled car market, with an impressive 23,337 new cars registered so far this year.

As a whole, this rapid market growth has been much quicker than anticipated by the industry; however there are now signs to show this growth will begin to stabilise and reach the forecasted level of growth. Total forecasted sales for 2014 are predicted to be around 2.4 million, which is the highest statistic since 2007.

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