UK’s new car market continues to grow in July

Figures from the SMMT show a 3.2% year-on-year increase in new car sales in July, but the rate of growth is slowing

The UK’s new car market continued to grow in July, with almost 180,000 new vehicles registered, figures from the Society of Motor Manufacturers and Traders (SMMT) have revealed.

Registrations in July were up by 3.2% compared with the same month last year, while overall sales so far in 2015 have surpassed 1.5 million. July marked the 41st consecutive month of growth for the UK’s new car industry, which has been steadily recovering since early 2012.

The SMMT says a slower increase …read more

Source:: Autocar