The UK car market is continuing to post healthy growth figures according to data published by the Society of Motor Manufacturers and Traders (SMMT).
New car registrations in February showed an increase of 7.9 per cent compared with the same period last year.
February was the twelfth consecutive month of growth and came on the back of rising private sales, despite the plate change in March. Traditionally, February offers the lowest sales volumes. Last year just 3 per cent of all registrations occurred in February; it gives some insight into the marketing power of the plate change to note that 18 per cent of 2012 registrations happened in March.
Of total February sales of 66,749 units, private sales increased by 28.9 per cent to 29,282 units, while by contrast combined fleet and business sales fell 4.5 per cent to 37,467. In a sign that private buyers are preferring to fuel their cars with petrol, sales of petrol cars grew by 20.5 per cent, while alternative fuel vehicles (hybrids or full electric) did better again, with sales rising by 26.6 percent to 834 units.