By Daniel Hunter
The Society of Motor Manufacturers and Traders (SMMT) have confirmed that new UK car registrations rose 7.9% to 66,749 units in February 2013.
Registrations over the year-to-date also increased 10.3% to 210,392 units, whilst growth was boosted by private demand again, with February securing the highest growth in the private market since the end of the Scrappage Incentive Scheme in Spring 2010.
“UK new car registrations have risen every month for the last year with February continuing the trend, growing 7.9% year-on-year boosted by the highest increase in private consumer demand since spring 2010,” said Mike Baunton, Interim Chief Executive, SMMT.
“However, February is traditionally a low volume month as motorists look forward to the plate-change in March, but attractive new car deals are sustaining the market. New models are delivering ever greater fuel efficiency, practicality, refinement, technology and predictable ownership costs, so motorists are seeing the benefit of new car purchases.”
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