'New car market rose in April'
Posted by Louise Clark
The market for new vehicles has been shown to have risen last month.
In the most recent figures from the Society of Motor Manufacturers and Traders (SMMT), new car registrations were shown to have grown by 11.5 per cent in April.
Volumes were up on the weaker performance for the month in 2009, with demand for new cars built in the UK outpacing the market with growth of 25.5 per cent.
Of the registrations, eight per cent was made up by the scrappage scheme.
"April was another good month for the UK motor industry with private buyers responding positively, despite the end of the scrappage scheme," commented Paul Everitt, SMMT chief executive.
He suggested that the months ahead will be difficult, but the figures have marked a strong start to the year and resulted in the SMMT revising its predictions for total registrations during 2010.
A better than expected month meant the society has now forecast a dip as small as 3.6 per cent for the year.