UK car sales rise for the first time in 14 months in August
07 September 2011
After a more than a year of a depressed auto market, UK car sales have risen for the first time in fourteen months in August although the outlook for the industry remains uncertain.
According to the Society of Motor Manufacturers and Traders (SMMT), 59,346 new cars were registered last month, the first year-on-year increase since June 2010.
But despite the increase, SMMT said the outlook for the industry remained "challenging".
Car sales increased 7.3 per cent last month, the first since June 2010 following the end of the scrappage incentive announced by the UK government due to the global recession that ravaged the country's automobile industry.
Much of the growth was driven by the supermini segment, which showed a 17.6-per cent rise, accounting for 37.3 per cent or over a third of the vehicles sold in the UK last month.
Ford Fiesta lead the pack ahead of the Opel/Vauxhall Corsa, while luxury cars like the Porsche and Bentley doing well, despite the economy, with sales up by 57 per cent and 44 per cent respectively.