-SMMT: UK Aug Car Registrations Up 0.1% y/y; 3.3% Year-to-Date
LONDON (MNI) – UK car registrations/sales were stable in August, a
quiet month for the sector, rising just 0.1% from a year earlier, the
Society of Motor Manufacturers and Traders reported today.
Registrations rose 3.3% in the year through August compared with
the same 8 months of 2011.
“New car registrations remained broadly stable in August, up 0.1%
on a year ago to 59,433 units. August traditionally represents a small
share of the new car market as motorists anticipate the arrival of the
new 62-plate in September,” said Paul Everitt, SMMT Chief Executive.
Everitt warned, however, that “The economic outlook remains
challenging.”
–London newsroom: 4417 862 7492; email: dthomas@marketnews.com.
[TOPICS: MABDS$,M$B$$$]
