October 2012 new car registration figures: New car registrations were up 12.1% in October according to the latest figures released today by the SMMT.
151,252 cars were registered in the month, with the market 12.1% or 16,308 units up on October 2011 (which was up 2.6% on October 2010). Year to date the market is up 5% (83,823 units) to 1,771,861 units.
“Despite uncertainty in the European economy, the UK new car market continues to grow, with registrations rising more than 12% in October to 151,252 units,” said Paul Everitt, SMMT Chief Executive. “It is encouraging to see the alternatively-fuelled vehicle market performing strongly, up 13% so far this year. Although the alternatively-fuelled vehicle sector represents only a small share of the overall market, it is vital that government sustains its consumer incentive programme and maximises the benefits available through the vehicle taxation system.”
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