While most major European markets declined, UK’s new car sales increased by 5.9% in March 2013 to 394,806 units. Last month, the deliveries in Germany, France, Italy and Spain all fell. In a statement last Friday, the Society of Motor Manufacturers and Traders said that the increase in UK sales contributed to a 7.4% jump in first-quarter deliveries to 605,198 units.
March 2013 actually marks the 13th straight month of growth in the UK. According to the organization, the higher-than-anticipated figures will compel it to review its yearly forecast later in the month. The SMMT expected that auto sales in the UK will increase by 0.6% this year to 2.057 million.
In this statement, Mike Baunton, interim SMMT CEO, said that even with the financial concerns, people are drawn to buy vehicles due to the new models and the newest technologies. The persistent monthly growth implies that consumer confidence is coming back.
In March, the passenger-car registrations in Germany (the biggest market in Europe) fell by 17.1% while France sales declined by 16.4%.
Deliveries in Italy decreased by 4.9% while the volume in Spain had fallen by 13.9%. In 2012, the full-year sales of the EU as well as Iceland, Norway and Switzerland decreased by 7.8% to 12.5 million – its lowest level since 1995.