New Car Sales Increase AgainWed, 06 Aug 2014
NEW registrations in July 2014 totalled 172,907 - a 6.6% rise on the July 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said.
The latest figures took the year-so-far total to 1,460,172 - a 10.1% rise on the January-July 2013 total.
As a result, the SMMT has now upwardly revised its prediction for sales for the whole of 2014, forecasting that a total of 2.45 million could be reached.
This would be 8.1% up on the 2013 total and the best year-end figure since 2004.
Commenting on the figures, SMMT chief executive Mike Hawes said: "July saw the new car market extend its record period of growth to a 29th month, as confident consumers took advantage of an array of new products and attractive finance deals on the latest fuel-efficient new cars.
"The continued positivity has led to an uplift in our full-year forecast. However, the more moderate growth of the last three months shows that overall demand is beginning to stabilise."
The best-selling models in July 2014:
1. Ford Fiesta
2. Ford Focus
3. Vauxhall Corsa
4. Volkswagen Golf
5. Nissan Qashqai
6. Vauxhall Astra
7. Audi A3
8. Fiat 500
9. BMW 3 Series
By Press Association reporters