29/Aug/2014 - Last News Update: 14:03

UK car sales see continued recovery

Category: Business

Published: 4th Mar 2010 09:22:50

UK car sales in February were up by 26.4% compared with the same month last year, according to the Society of Motor Manufacturers and Traders (SMMT).

There were 68,686 new cars registered last month and private buyers led the growth in sales.

"Scrappage has generated eight consecutive months of growth," said the SMMT's chief executive Paul Everitt.

Demand for small cars is still rising. The most popular this year are the Ford Fiesta and the Focus.

The UK's scrappage scheme is due to finish at the end of this month.

The scheme, which pays motorists £2,000 to trade in an old car for a new one, accounted for almost one in five car sales in February.

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BBC News, 2010. UK car sales see continued recovery [Online] (Updated 4th Mar 2010)
Available at: http://www.ukwirednews.com/news/41767/UK-car-sales-see-continued-recovery [Accessed 29th Aug 2014]

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