Wednesday 7 September 2011

Car sales increase for the first time (UK)

For the first time in just over a year, car sales have increased by 7.3% to 59,346 units last month. Fleet sales continued to increase while the private sector grew by 10.7% with the supermini sector growing by 17.6% in August.

SMMT chief executive, Paul Everitt recognises consumer confidence is low, but said buyers are well catered for in today’s market: “The September new car market is always important for the UK motor industry, accounting for around 17% of the full year’s registrations. Consumers are nervous about the future, but with industry offering unprecedented improvements in fuel economy, competitive finance offers and a wide variety of new models, buyers will find there is something to suit every taste and pocket.”

Since the start of the year, the market has declined by 6.1% or 80,000 units. The SMMT says its earlier sales anticipation of 1.93m cars in 2011 is still on track.

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