New car sales are at an all-time high, which according to the Society of Motor Manufacturers and Traders (SMMT) is helped by a sales boost in the luxury car market. For one luxury car maker, Jaguar Land Rover, sales rose by a fifth!
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Posts Tagged ‘Society of Motor Manufacturers and Traders’
Soaring Sales in Luxury Car Market
What Recession? 2M Cars Sold Last Year
According to the Society of Motor Manufacturers and Traders (SMMT), more than 2 million new cars were sold in the UK during 2012. The latest figures show a 5.3% increase compared to 2011’s new car sales, which is the highest increase since the recession hit in 2008.
Car Production Slowed in Summer Months
According to the Society of Motor Manufacturers and Traders (SMMT), the number of cars manufactured in the UK fell to 78,577 in August.
The Hottest Month for New Cars
In a recent study completed by the Society of Motor Manufacturers and Traders, July saw the registration of 143,884 new cars. The Ford Fiesta proved the most popular car, selling 7,533 units last month.
25% Increases In UK Car Production
Strong export demands saw car production in the UK increase by almost 25% in February according to The Society of Motor Manufacturers and Trades.
Another Tough Year Ahead For Car Sales
In 2011 UK car registrations fell to 1.94 million, a 4.4% drop and the lowest number of registrations in more than 10 years, according to the SMMT (Society of Motor Manufacturers and Traders). This December saw a continued drop of 3.7% in demand for new cars in comparison to December 2010.