New car sales in UK up 0.03% in January image

New car sales in the UK edged up a fraction last month the Society of Motor Manufacturers and Traders (SMMT) said on Tuesday. British car dealers sold only 200 more cars in January this year than a year ago.

According to the official data, the number of new car registrations rose 0.03 percent last month to 128,853 vehicles.

“The January new car market held firm with 128,853 registrations, marginally up on January 2011, a welcome sign of stability in uncertain economic times,” said SMMT Chief Executive Paul Everitt.

“2012 is set to be an exciting year with record numbers of new models coming to market filled with innovative technology that will save the motorist fuel, enhance comfort and further increase levels of safety and security”.

Demand for diesel cars continued to increase in January 2012, with diesel’s share of the market rising from 50.5 percent a year ago to 53.7 percent.

The SMMT said the new car market is expected to remain stable in 2012, dipping 1 per cent to 1.92 million units before recovering to 1.98 million units in 2013.