The new car market has recorded a full year of growth as registrations were up again in July.
Figures from the Society of Motor Manufacturers and Traders (SMMT) showed new car registrations were up by 28.3 per cent in July, compared with the same month last year.
July was the 12th consecutive monthly year-on-year increase making it a year of ‘non-stop’ growth, said the organisation, as carmakers enjoyed ever improving component supply chains.