SMMT: UK car sales rise in August | Mortgage News

The Society of Motor Manufacturers and Traders (SMMT) contain revealed UK car similar saw completely primary go up in 14 months in August.

According to the deal body, car similar rose by 7.3% in August better by means of the similar month in 2010, by means of similar of smaller cars increasing by additional supposed 30%.

The Ford Fiesta remained the UKs best-selling model, by means of 3,213 similar throughout August.

The SMMT supposed the figure of new cars sold in the month was 59,346 " representing the primary go up as,because summer 2010.

The figures now a welcome boost as,because August is traditionally one of the slowest months for car similar " in front of Septembers open of new plates.

Car similar contain declined considerably in excess of new months following the Governments scrappage system expired.

Meanwhile, commenting on the figures, SMMT leader executive Paul Everitt said: œNew car registrations in August rose for the primary occasion as,because June 2010.

œAugust represents a comparatively little split of the new car marketplace and the September new 61-plate registrations determination be far additional significant for the UK motor industry, accounting for concerning 17% of the filled existence registrations.

However, despite the optimistic figures, the deal corpse supposed the viewpoint œremains challenging.

The Society anticipates car similar determination exceed the two compensation mark in 2012. Registrations hit a far above the ground in 2003, at what time 2.56 compensation cars now sold.

Meanwhile, demand for trucks and vans rose by additional supposed 20% in August, by means of registrations 23% and 22.8% respectively at what time better to previous August.

In connected news, previous month, the SMMT revealed a go up in UK car manufacture for the month of July.

UK car manufacture rose 1.3% in July and is up approximately 4% in excess of the primary seven months of the year.

Car manufacture has declined in excess of new months due to disruptions in the provide chain, resulting as of the Japanese earthquake and tsunami.

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