UK’s new car market sees further growth

UK’s new car market sees further growth

Sales of new cars rose by 13.4 per cent in June, showing further evidence that the market is continuing to gather momentum.

The Society of Motor Manufacturers and Traders (SMMT) announced sales of 214,957 new cars compared to 188,514 in June of last year. This was the 16th successive month new car sales saw an increase, and in the first six months of 2013, we have seen 1,163,623 new car sales in the UK compared to 1,057,680 in the same period last year.

Possibly the most popular reason for this increase is drivers wanting to switch to more fuel efficient vehicles. The cost of fuel has been highly influential on car sales and the types of cars being sold in recent months, and with cars getting more efficient as time goes on, acquiring a latest model makes sense in the long-term.

The SMMT said an average new car produces 3.7 per cent less than it would have done this time last year thanks to these advancements in technology.

June’s sales saw the Ford Fiesta as the bestselling model with 11,332 sales, and was followed by the Ford Focus (9,128) and the Vauxhall Corsa (8,868). The number of electric cars being sold also saw a noticeable increase.

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