New car sales – 32nd consecutive month of growth.

➤ New car registrations jumped 14.2% in October to 179,714 units, marking the 32nd consecutive month of growth.
➤ 2,137,910 cars registered in the year-to-date – first time the market has passed two million in October since 2007.
➤ October performance exceeded expectations; demand for new cars set to stabilise in coming months.
➤ Rising demand for alternatively-fuelled vehicles continues, with market up more than 50% in both month and year-to-date.

Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders said;

“The October new car market outperformed expectations, with registrations showing the strongest growth in a month since March’s 18% rise. With economic confidence still rising, customers continue to benefit from attractive financial packages on exciting new models.

“We still expect the overall market to level off as we head towards 2015, but the exception to that rule will be alternatively-fuelled vehicles, demand for which will continue to accelerate.”

Total number of cars sold by year;

Best selling cars by month and year;