UK car sales went up in February, rising 26.4% compared with the same month last year, reports the Society of Motor Manufacturers and Traders (SMMT).
In total, 68,686 new cars were registered last month and the SMMT says private buyers led the growth in sales.
“Scrappage has generated eight consecutive months of growth,” said the organisation’s chief executive, Paul Everitt.
The , which gives buyers a £2,000 discount in exchange for their old car, is due to end this month but accounted for a fifth of car sales in February.
Small cars drive sales
The sales figures also revealed that demand for small cars is still rising, with the taking the top spot in the sales charts, and the likes of the Hyundai i10 and the Kia Picanto also making the top ten.
Sales of new cars in March are traditionally the highest of the year due to the release of new registration plates. The SMMT says it expects that the new ’10’ plates will create around 360,000 sales this month.
It also said it expects to see the market decline in the second half of 2010 and predicted an overall decline in 2010 of 10%.
“With economic recovery still fragile and uncertainty over the impacts of the Budget in March and a general election in spring, the outlook is subdued,” the SMMT said.
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