Tuesday 8 January 2013

UK car sales reach four year high

Hidden amongst the doom and gloom of sales and decline was this little exposed boon.

UK new car registrations rose 5.3% in 2012 to 2.04 million - the highest level since 2008, according to the SMMT car industry body.

Ford's Fiesta and Focus, and Vauxhall's Corsa and Astra were the four best-selling models. The Volkswagen Golf came fifth, with the Nissan Qashqai in sixth place.

2012's growth rate was the fastest in 11 years, bolstered by a 106,346 or a 12.9% rise in demand from private individuals, who bought about 929,000 of the 2,044,609 units sold.

The overall rise in registrations was the second annual increase since the start of the downturn in 2008, though the market remained 14.9% below its pre-recession peak in 2007, when 2.4 million cars were sold.

 In December, 123,557 cars were registered, 3.7% more than in December 2011.

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