The UK new car market grew by 0.1% in August to 59,433 units.
In the first eight months of the year, the UK car market has increased 3.3% to 1,260,997 units.
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“New car registrations remained broadly stable in August, up 0.1% on a year ago to 59,433 units. August traditionally represents a small share of the new car market as motorists anticipate the arrival of the new 62-plate in September,” said Paul Everitt, SMMT Chief Executive. “The economic outlook remains challenging, but vehicle manufacturers and dealers are working hard to sustain demand and deliver great value products and services to customers.”
The SMMT noted that the 0.1% rise in the new car market in August was down on the pace of recent monthly gains, but said that it is ‘broadly on par with expectations’.
August registrations mark the sixth successive month of growth and the seventh rise in the first eight months of this year.
The new ‘62’-plate is forecast by SMMT to see more than 330,000 registrations in September, in line with the 2011 outturn.
The Ford Fiesta was the best-selling model in August and over the year-to-date.
See also: UK: Volume brands under increasing pressure as Audi cites ‘flight to premium’
