UK car sales rise 3% in February, SMMT says

Cars are displayed for sale on the forecourt of a Vauxhall dealership on January 8, 2014 in London Sales of new cars have risen every month for the past two years

Related Stories

UK car sales in February were up 3% from a year ago, the Society of Motor Manufacturers and Traders has said.

The increase means sales of new cars have risen for every month over the past two years, with sales up by 17.4% over the period.

February was a "typically quieter month", the SMMT added, with 67,736 cars sold.

Total sales for the first two months of 2014 were 6.1% higher than the same period a year ago at 223,298.

SMMT chief executive Mike Hawes said the past two years of continued growth in sales underlined the attractiveness of the new car market and growing consumer confidence.

Best selling cars in February

  • Ford Fiesta (4,415 sales)
  • Vauxhall Corsa (3,138)
  • Vauxhall Astra (2,707)
  • Ford Focus (2,506)
  • VW Golf (1,628)
  • VW Polo (1,450)
  • Mercedes C-Class (1,231)
  • Vauxhall Insignia (1,164)
  • Audi A3 (1,148)
  • BMW 3 Series (1,085)

Source: SMMT

He added: "While February is typically a quieter month ahead of the March registration plate change, we expect the arrival of the new 14-plate and increasing economic confidence to maintain a steady rate of growth."

The best-selling car in the month was the Ford Fiesta with 4,415 sales, followed by Vauxhall's Corsa and Astra models with 3,138 and 2,707 sales respectively. The Ford Focus saw 2,566 sales followed by the Volkswagen 1,628 sales.

In January, the SMMT said car production hit a six-year high in 2013 with 1.5 million new cars rolling off production lines, a rise of 3.1% on a year earlier.

It also forecast output would reach record levels, with about two million cars rolling off production lines by 2017.

Last year, the UK overtook France to become Europe's second-largest car market behind Germany, which saw 2.95 million new car sales.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories

RSS

BBC Business Live

  1.  
    SCOTTISH REFERENDUM 06:38: BBC Radio 4
    Scottish bank notes

    Former Bank of England deputy governor Sir John Gieve tells the Today programme he expects Bank staff to be at work very early on Friday morning to try to calm markets, whichever way Scotland votes in the independence referendum. In particular, the Bank will be busying itself with the possibility of "deposit flight" so that "we don't get the sort of panic that there was with Northern Rock". That means for starters making sure that cash machines remain fully stocked.

     
  2.  
    ARM CHIEF EXECUTIVE 06:27: Radio 5 live
    Arm processor

    It's arguably Britain's most successful technology company, but you may have never heard of it. ARM designs computer chips and is worth almost twice as much as Marks and Spencer. On Wake Up to Money chief executive Simon Segars says most of the firm's customers are in California, China, Taiwan and South Korea. "It's a shame" there are not more technology companies in the UK, he says. People have been keener to go into financial services, Mr Segars says.

     
  3.  
    SCOTTISH REFERENDUM 06:16: Radio 5 live

    Whichever way the Scottish independence vote goes, the business impact "remains unclear" says Nora Senior, chair at Scottish Chambers of Commerce on Wake Up to Money. Big questions over currency, Europe, debt, pensions and tax were raised in the run up to the vote, she says. "Business wants a decision that is clear and swiftly executed," Ms Senior says.

     
  4.  
    BEREAVEMENT AND WORK 06:10: Radio 5 live

    A third of employees who have suffered bereavement in the past five years felt that they had not been treated with compassion by their employer, according to a survey by the Advisory, Conciliation and Arbitration Service (ACAS). It is launching guidance for companies. "Managers need appropriate training and support," said Sir Brendan Barber, ACAS chair on Wake Up to Money.

     
  5.  
    PHONES 4U RESCUE 06:00:
    Phones 4U sign

    The Financial Times is reporting that Vodafone and EE have approached the administrators of Phones 4U about buying parts of the failed business. Around 550 shops and 6,000 jobs are at risk. The private equity owners of Phones 4U and its founder, John Caudwell have blamed the aggressive tactics of EE and Vodafone for the collapse of the firm. Both network operators deny those accusations.

     
  6.  
    05:59: Matthew West Business Reporter

    Morning everyone. As always you can get in touch with us via email on bizlivepage@bbc.co.uk or twitter @bbcbusiness.

     
  7.  
    05:59: Ben Morris Business Reporter

    We'll get the latest unemployment figures and data on earnings at 09:30 this morning. Plus the Financial Times says that Vodafone and EE are looking to buy parts of their former customer, Phones 4U. Stay with us.

     

Features

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.