The UK’s new car market grew again in February, with the industry recording the 36th consecutive month of growth.
New figures from the Society of Motor Manufacturers and Traders (SMMT) reveal that a total of 76,958 new cars were registered in February, up by 12% on February last year.
The figures show that while private sales continue to do well, with 30,899 new cars registered last month alone, it is the fleet sector which is helpingd to drive the record growth, with sales up by 19% on February 2014.
Sales of alternatively fuelled vehicles, which includes plug-in hybrids and pure EVs, were up by 52.8% on last year, with 1852 cars registered last month.
The UK’s car market has been growing steadily since March 2012, far beating the previous period of record growth, set in the late 1980s.
SMMT chief executive Mike Hawes said: “Three years of continuous growth in the new car market is remarkable and reflects the strong upturn in the confidence of UK car buyers since the recession.