UK car market continues to grow in July figures

July registrations figures show that 172,907 new cars were registered in July, according to the SMMT, a rise of 6.6 per cent and the 29th consecutive month of growth. Economic confidence and attractive finance are said to have driven the rejuvenated market up 10.1 per cent year-to-date to 1,460,172 units. As a result of the faster-than-expected first half growth, the SMMT has upped its 2014 market forecast to 2.45 million registrations, up 8.1 per cent on 2013.

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