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Car sales rise by annual 9.3 per cent in July
Car sales showed their strongest annual increase in two years, rising by 9.3 per cent to 143,884 vehicles, the Society of Motor Manufacturers and Traders (SMMT) said today.
Car sales so far this year are 3.5 per cent up on last year’s level, showing resilience in the face of recession, and the SMMT said it was revising up its forecast for full year sales to 1.97m units, compared to 1.94m in 2011.
SMMT chief executive Paul Everitt said he still expected demand to slow slightly in the rest of the year, compared to the year to date.
“International economic stability remains a concern for vehicle manufacturers and the UK market,” he said.