January 2013 new car registration figures: New car registrations were up 11.5% in January according to the latest figures released today by the SMMT.
143,643 cars were registered in the month, with the market 11.5% or 14,790 units up on January 2012 (which was up 0.03% (or 42 units) on January 2011).
“The new car market has started the year confidently with registrations climbing 11.5% in January,” said Mike Baunton, Interim Chief Executive, SMMT. “Lifted by a solid rise in private demand, the new car market posted its 11th successive month of growth with motorists attracted to forecourts by the latest models and competitive deals on offer. Building on a strong performance in 2012, SMMT has increased its market forecast – we anticipate a modest rise over the year, followed by further growth in 2014.”
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