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UK new car registrations break 2 million mark in September

Wednesday 05 October 2016, By Autovolo

UK new car registrations break 2 million mark in September

UK new car registrations break 2 million mark in September

The UK car market has experienced another boost, with a rise of 1.6 per cent seen in September, following the registration of 469,696 new cars.

Figures provided by the Society of Motor Manufacturers and Traders (SMMT) showed the highest performance for September on record. The growth in registrations came alongside the release of the new 66-plate.

In 2016, 2,150,495 new cars have already been registered, representing a growth of 2.6 per cent compared with the same period last year. It is only the second time that the two million mark has been passed in September since 2004.

Impressive growth was recorded in the alternatively fuelled market, with a 32.6 per cent increase in demand against the same month last year. They now command a market share of 3.4 per cent.

The overall rise in registration growth was driven heavily by fleet registrations, with a 7.3 per cent increase recorded in this area. In contrast, private registrations decreased by 1.7 per cent, falling to 223,844 registrations in the month.

Registrations for diesel cars rose by 2.8 per cent, while the number of registrations for petrol cars fell by 1.1 per cent. 

Mike Hawes, chief executive of the SMMT, said: “September is always one of the biggest months for Britain’s new car market.

“The new 66-plate, combined with a diverse range of exciting new models featuring the latest technology, has certainly helped draw buyers into showrooms and many are taking full advantage of the attractive deals and low interest financing options on offer.

“However, business and consumers place September orders many months in advance, so the ability of the market to maintain this record level of demand will depend on the ability of the government to overcome political uncertainty and safeguard the conditions that underpin consumer appetite.”