New car registrations up 7.3% in August

August 2011 new car registration figures: New car registrations were up 7.3% in August according to the latest figures released today by the SMMT.

59,346 cars were registered in the month, with the market 7.3% or 4,041 units up on August 2010 and down 6.1% over the year-to-date with August marking the first rise in volumes for 13 months.

“New car registrations in August rose for the first time since June 2010, up 7.3% to 59,346 units. August represents a relatively small share of the new car market and the September new 61-plate registrations will be far more important for vehicle manufacturers and franchised dealers,” said Paul Everitt, SMMT Chief Executive. “The September new car market is always important for the UK motor industry, accounting for around 17% of the full year’s registrations. Consumers are nervous about the future, but with industry offering unprecedented improvements in fuel economy, competitive finance offers and a wide variety of new models, buyers will find there is something to suit every taste and pocket.”

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