Analysis
May 2013 market just 3% below May 2007, highest May volume in six years.
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Market growth for 15 successive months, in line with private market.
Private demand grew 20.9% in May, pushing volumes back above 2007 levels. Private registrations over first five months of 2013 up 16.2%.
Growth reflects consumers returning to new car market after delaying regular replacement cycles, replacing vehicles bought under Scrappage, switching to more efficient vehicles in every class and attracted by offers of funds and access to finance. Switch from used to new is also possible, as recession-induced dip in new car sales restricts supply of used cars.
Mike Baunton, SMMT interim chief executive: "May marks a significant milestone".
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