New car registrations up in April

Date: 8/5/2012

There was an increase in new car registrations in April, the latest figures show.

Data from the Society of Motor Manufacturers and Traders (SMMT) has revealed registrations went up by 3.3 per cent last month compared with March.

In the January to April period, the market gained 1.4 per cent, which is equal to a growth of 9,796 units sold.

Chief Executive of the SMMT Paul Everitt said: "We are seeing a steady increase in consumer confidence with growth in private demand, boosted by the arrival of a raft of new products."

As a result of the positive movements, he explained the group has increased its full year forecast to 1.948 million units registered.

The organisation suggested the sector is beginning to stabilise, with small cars in particular seeing strong demand.

At the end of last month, the SMMT revealed UK car manufacturing is also on the up, as output rose by 0.3 per cent in March compared with the previous month.

Posted by Mary Treen