Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt March car registrations surpass 500,000 units
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

March car registrations surpass 500,000 units

Date: 06 April 2016   |   Author: Daniel Puddicombe

More than half a million new cars were registered last month, the latest Society of Motor Manufacturers and Traders figures have revealed.

According to the SMMT, 518,707 new cars were shifted during the month - making it only the third time the market has surpassed half a million registrations in a month.

Demand among fleet users was up by 6.0% compared to March 2015, while private and business registrations increased by 3.8% and 15.3% respectively.

Registrations for alternative fuel vehicles increased by 21.5% in the month, while demand for petrol and diesel cars was up by 4.8% and 4.7% respectively.

"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," said Mike Hawes, SMMT chief executive.

"This consumer confidence should see registrations remain at a high but broadly stable level over the year but could be undermined by political or economic uncertainty."



Share


Subscribe