October 2013 new car registration figures: New car registrations were up 4% in October according to the latest figures released today by the SMMT.
157,314 cars were registered in the month, with the market 4% or 6,062 units up on October 2012 (which was up 12.1% (or 16,308 units) on October 2011).
“With October new car registrations up we have now seen 20 consecutive months of growth,” said Mike Hawes, SMMT Chief Executive. ”These sustained rises have been driven by robust private demand, a trend that has given us the confidence to raise our year-end forecast to 2.25 million units – 10% ahead of last year. Looking ahead, we anticipate more moderate growth as the market stabilises.”
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