Analysis
– UK new car registrations rose 5.9% in March with 394,806 registrations of 13-plate cars.
– Registrations in Q1 rose by 7.4% to 605,198 units. Growth in 2012 followed a 12.9% rise in private demand.
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– March marked the 13th consecutive month of growth in new car registrations, with volumes the highest since 2010 when the Scrappage Incentive Scheme supported the market.
– The uplift in the market follows strong demand in private registrations, which were up 11.2% in Q1.
– Registrations of all sales types rose in March, and across most segments, notably the Mini and MPV segments.
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By GlobalData
