New car demand recovering, registrations break million car mark in June
There are signs that new car demand is recovering as the SMMT reports that new vehicle registrations broke the million car market in the year to June 2013. This represents growth of some 10 per cent in the first half of 2013 totalling some 1,163,623 units. It was the 16th successive monthly rise in June, with this figure growing 13.4 per cent to 214,957 units.
All sectors grew, but private demand increased the most over the first half of the year, up 17.1 per cent, after a 21.3 per cent rise in June.