UK new car registrations grow again
The new car market in the UK continues to soar according to today’s news from the SMMT with a record 42nd consecutive month of growth. The upward trend was sustained in August with an increase of 9.6% to 79,060 new cars registered for the month compared with the same period in 2014. The picture for the number of new cars registered in the year-to-date revealed growth of 6.7% to 1,634,369 units.
The increase in new car registrations is spread across all sectors and fuel types. The fleet market rose by 12.1%, the business sector by 11.8%, and private buyers jumped 7.2%. The figures reflect the thriving UK automotive manufacturing sector and follow the news this week that Nissan has announced a further £100 million investment for its Sunderland manufacturing plant for the production of the new generation Nissan Juke.
If you are interested in low carbon propulsion technology in the automotive industry and would like to explore the exciting opportunities that are available, why not visit the National Propulsion Showcase? The Showcase provides insight into how the future may unfold for the UK automotive industry, and explains the support and resources available through the APC.