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March was Best Month for New Car Sales Since 1999


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March was Best Month for New Car Sales Since 1999

More than half a million new cars were sold in March in the strongest month in
the UK for 17 years according to The Society of Motor Manufacturers and Traders.

The SMMT, whose members include Sell Your Jamjar, reported that 519,000 cars
were registered with sales jumping by 5.3 per cent.

Sales of alternatively fuelled vehicles increased 21.5 per cent year-on-year, while
diesel and petrol cars were up nearly 5 per cent.

It is no surprise that March was a busy month for new car sales as this is
usually the biggest month of the year. The SMMT says it accounts for around 20
per cent of car registrations over the course of 12 months.

But what is interesting is last month's sales were the highest since the United
Kingdom moved to its current system of issuing new number plates every six
months, in March and September, each year.

The March 2016 sales figures were only beaten by August 1997 when 525,539 cars
were recorded as being sold.

Mike Hawes, SMMT chief executive, said: "The sector's strong growth in March
rounds off a robust first quarter as British consumers continue to demonstrate
their appetite for new cars, especially ultra-low emission vehicles."

Not surprisingly, the top three selling models in March were the Ford Fiesta,
Vauxhall Corsa and Ford Focus. The SMMT says 770,000 new cars were registered in
the first three months of 2016.

Motoring experts say the UK car industry has grown for the fourth consecutive
year because of the cheaper finance deals being offered by car dealers.

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