The new car market has reached a level where the industry is being damaged by such high volume being pushed into the UK.
The UK new car market recorded its 42nd consecutive month of growth in August, albeit in one of the year’s quietest months, with a 9.6% rise, SMMT data shows.
New car registrations across Western European markets increased by 9.5% in July to 1.1 million units, according to the latest HIS Automotive forecast.
New car registrations saw steady growth in July, according to the latest figures from the Society of Motor Manufacturers and Traders.
Point-of-sale consumer new car finance was up 11% by volume and 17% by value in April, compared with the same month last year.
Growth in the UK new car market is slowing, with May's registrations of 198,706 units only a 2.4% rise over the same month last year.
New car sales in Europe were 6.4% higher in April 2015 than in the same month of 2014.
April's new car market ended up 5.1% year-on-year at 185,778 registrations, the strongest April result in a decade.
New car sales in Europe were 8.9% higher in the first three months of 2015 than in the same period last year and have grown for seven consecutive months.
Praise by Top Gear for Mazda’s forthcoming new MX-5 roadster almost led to a website meltdown for Mazda Motors UK.
Nearly half a million new cars were registered in the UK during the crucial March 2015 plate-change month.
