- SMMT has significantly raised its forecast for 2013 new car registrations, predicting sales will reach 2.216 million units, 8.4% ahead of 2012.
- Strong performance across the private, fleet and business market sectors saw the 17th successive monthly rise in July, growing 12.7% to 162,228 units.
- Registrations of alternatively-fuelled vehicles grew 17.0% in the month to 2,432 and hit 17,859 units for the January to July period.
- Plug-in car registrations have risen 70.7% over the first seven months of 2013, to 1,885 units.
Mike Baunton, SMMT Interim Chief Executive, said:
“Strong business and consumer confidence in July saw the new car market continue to rise, posting double-digit growth in the month. Now we have evidence of consistent growth, we have raised our forecast for 2013 new car registrations to 2.216 million units, an increase of over 8% on last year.”
“Recently, we’ve seen a range of economic indicators point to improving conditions and our raised sales forecast emphasises how positively we view the rest of 2013.”
- Registrations of plug-in cars (pure electric and plug-in hybrids) over the first seven months of 2013 have risen 70.7% from 1,104 units a year ago to 1,885 units in 2013.
- Already this year, registrations have exceeded 80% of 2012 full year volumes and are 11 times higher than 2010.
- Growth reflects increased availability of products across the UK and wider interest from motorists looking to minimise CO2 emissions and take advantage of tax breaks.
- More than 10,000 plug-in vehicle charging points have been installed across the country, with around half match-funded by government’s Plugged-In Places initiative.