New car market grows for seventh month in a row

Some 74,441 new cars were registered last month, up 26.2% on February 2022, the Society of Motor Manufacturers and Traders said.

Neil Lancefield
Tuesday 07 March 2023 12:26 GMT
The UK’s new car market has grown for seven consecutive months, new figures show (Steve Parsons/PA)
The UK’s new car market has grown for seven consecutive months, new figures show (Steve Parsons/PA) (PA Wire)

The UK’s new car market has grown for seven consecutive months, new figures show.

Some 74,441 new cars were registered last month, up 26.2% on February 2022, the Society of Motor Manufacturers and Traders (SMMT) said.

The increase is due to an easing of global supply chain shortages, according to the industry body.

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