Sales soaring
April 12, 2010
Car sales are on the up according to figures released by the The Society of Motor Manufacturers and Traders (SMMT) which revealed better than anticipated first quarter figures.
The report showed
- In March 397,383 new cars were registered, a 26.6% rise on March 2009.
- Ihe influence of scrappage continued in March, accounting for 12.2% of registrations.
- Private buyers led growth, but fleet and business demand also improved.
- Growth across all sales types through the first quarter of 2010 demonstrates underlying stability, which should sustain the post-scrappage market.
- Registrations of UK built cars rose by 52.1% in March.
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