New car sales continue to rise

New car sales continue to rise

New car sales grew by 1.4% in October compared with the same month last year, according to industry figures.

Some 180,168 cars were registered last month, the Society of Motor Manufacturers and Traders (SMMT) said.

Growth was driven by the fleet sector, which saw a 4.2% rise. Private registrations fell by 1.1%.

Some 2.33 million cars have been registered in 2016 so far, up 2.5% on the same period last year.

SMMT chief executive Mike Hawes said: "September's number plate change is always a hard act to follow so the  market's growth in October, albeit moderate, is welcome news.

"Low interest rates, affordable finance packages and  a range of exciting new models helped attract buyers into showrooms and we now look to Government to ensure  consumer and business confidence remains buoyant."

Petrol demand rose by 4.9% last month, while diesel registrations fell by 2.4%.

Alternatively-fuelled vehicles saw growth of 12.4%.