Partner Article
New car registrations increase 3.5%
Registration of new cars in Britain rose by 3.5% year-on-year in June, following robust demand from from private buyers.
According to the Society of Motor Manufacturers and Traders, the rise was not as strong as the 7.9% increase in May, although the market was 5% ahead of expectations for Q2, indicating strong levels of consumer demand.
Commenting on the figures, Paul Everitt SMMT chief executive said: “Despite domestic and international economic concerns, UK motorists are responding positively to new products and the latest fuel-efficient technology.
“The industry has performed better than expected in the first half of the year.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester