New car sales set record for growth
Car sales have achieved their longest-ever period of growth with another rise last month.
A total of 194,032 new cars were registered in the UK last month – 7.7% up on May 2013, said the Society of Motor Manufacturers and Traders (SMMT). Last month's increase was the 27th consecutive monthly rise – beating the previous record of 26 months of growth between May 1987 and June 1989.
Sales so far this year have reached 1,058,974 – 11.6% up on January to May 2013.
SMMT chief executive Mike Hawes said: 'The new car market has now grown in every month since March 2012 – the longest period of growth on record and a reflection of the UK's ever-improving economic conditions.
'Over the past 27 months, increasingly-confident consumers have been drawn to some fantastic new products, attracted by innovative technologies, improved fuel economy and competitive deals helping make a new car more affordable.'
You may also want to watch:
The SMMT is forecasting an overall rise of about 6% over the year. The top three models last month were Ford Fiesta, Volkswagen Golf and Vauxhall Corsa.
- 1 County welcomes tankers but motorists continue to queue for fuel
- 2 Norfolk wakes up to empty pumps – despite assurances of ‘ample fuel stocks’
- 3 Revealed: Where most parking tickets have been issued in Norfolk
- 4 Key workers share 'unnecessary and frustrating' impact of panic-buying
- 5 Weird Norfolk: Is Diss Mere the waterlogged crater of an extinct volcano?
- 6 Huge seaside home with indoor pool for sale for £600,000
- 7 Q&A: All you need to know about fuel shortages
- 8 Search continues for man with knife who chased victim into KFC
- 9 Controversy reignited over 300 home scheme on edge of Norwich
- 10 Queuing for petrol - a tale as old as time