The Society of Motor Manu-facturers
and Traders (SMMT) has released figures showing a 10.8% rise in new
car registrations in June, up 19.9% across the first half of
2010.
There was also a 25.3% rise in the
fleet market, which helped to sustain growth momentum, according to
the SMMT.
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The figures showed the market was up
despite the end of the scrappage scheme but the SMMT still predicts
a slip in volumes in the latter half of the year.
SMMT chief executive Paul Everitt
said: “The new car market continued to perform above expectations
in June, with fleet sector registrations up 25% compared to this
time last year.”
However, the market was said to be up
20.4% over the past 12 months, with volumes in the latest quarter
up 11.8%.
The fleet market also rebounded in
June, up 25.3% on the volume recorded a year previously, while
business volumes rose by 18.4%.
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By GlobalData
