The UK's new car market is continuing to grow, recording the 29th consecutive month of rising sales according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
The figures show that a total of 172,907 cars were registered in July. That represents an increase of more than six per cent compared to the same month last year. Registrations for the year to date are currently more than ten per cent higher than 2013.
The positive figures have prompted the SMMT to revise its prediction for 2014's overall new car registrations. The organisation now expects the UK market to surpass 2.54m by the end of the year.
Alternatively fuelled vehicle sales also continue to grow, with 3292 electric and hybrid cars registered last month and 26,629 sold in the year to date. That's an increase of 6.8 per cent compared the same period last year.
SMMT chief executive Mike Hawes said: "In July the new car market extended its record period of growth to a 29th month, as confident consumers took advantage of an array of new products and attractive finance deals on the latest fuel-efficient new cars."