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British car sales rise 3pc in Feb

Saturday, 8 March 2014



LONDON, Mar 7 (Xinhua):  Britain's new car sales increased three per cent in February as boosted by the rising consumer confidence and strengthening economy, the Society of Motor Manufacturers and Traders (SMMT) said yesterday.
The SMMT figures showed that the country's "new car registrations rise three per cent in February to 68,736 units, marking 24 consecutive months of growth, increasing 17.4 per cent over the period."
Total sales of new cars in the first two months of this year jumped 6.1 per cent year on year to reach 223,208 units.
"The 3 per cent rise in February new car registrations marks two full years of continuous month-on-month growth; a real endorsement of consumer confidence and the attractiveness of the new car market," said Mike Hawes, SMMT Chief Executive.
"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," he said.