According to a statement issued today by the Society of Motor Manufacturers and Traders, new car sales reached the highest level in September from the last five and a half years, with a 12% jump.
September is a key month for the auto industry in the UK as it marks a twice-yearly change in registration plates. SMMT announced in a statement that 403,136 new cars were sold in the UK, a rise of 12.1% on the same period of 2012, although the level is still below the average for September, of 416,000 units, accounted before the credit crisis set up in 2008-2009.
SMMT’s chief executive, Mike Hawes, said: “The UK market is reflecting growing economic confidence. Robust private demand has played a major role in this growth, with customers attracted by exciting, increasingly fuel-efficient new models which offer savings in the cost of ownership.”
Hawes said he also believed that the nineteen consecutive months of steady growth pointed to a sustainable performance in the market, particularly as fleet and business demand has quite the long way from reaching pre-recession levels. Also, production of cars in the country has picked up pace, pointing to a stronger auto industry overall.
Ford’s Fiesta remains the UK’s top selling car, with 20,600 sold in September, Vauxhall’s Corsa was in second place with 14,500 vehicles sold.