17 May 2016
2 Mins read

UK car market sales remain stable

There has been a two per cent increase in the registration of new vehicles last month.

According to figures from the Society of Motor Manufacturers and Traders (SMMT) a total of 189,505 cars were registered in April – the highest level for the month since 2003.

There was a substantial rise in the registration of alternative fuel vehicles, while registrations of petrol cars increased by 3.4 per cent compared to a 0.6 per cent fall in the number of diesel cars being registered.

However, there remains uncertainty about the UK economy and the potential impact of the forthcoming European Union referendum

Mike Hawes, SMMT chief executive, said: “After such a strong March, April’s steadier performance was to be anticipated, and is in line with our expectations for the year.

“Consumer confidence remains high as buyers continue to capitalise on attractive finance deals, although this could be affected by political and economic uncertainty in the coming months.”