{"id":970,"date":"2015-07-09T06:43:25","date_gmt":"2015-07-09T06:43:25","guid":{"rendered":"https:\/\/www.reconditionengines.co.uk\/blog\/?p=970"},"modified":"2019-03-25T07:28:29","modified_gmt":"2019-03-25T07:28:29","slug":"the-uk-car-market-looks-rosy","status":"publish","type":"post","link":"https:\/\/www.reconditionengines.co.uk\/blog\/the-uk-car-market-looks-rosy\/","title":{"rendered":"The UK Car Market Looks Rosy"},"content":{"rendered":"<h1>The latest new car registration figures from the SMMT show the highest half-year sales figures on record<\/h1>\n<p>The car industry in the UK is thriving and the figures released by the <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Society_of_Motor_Manufacturers_and_Traders\" target=\"_blank\">Society of Motor Manufacturers and Traders (SMMT)<\/a><\/strong> shows a rise of 7% in the first six months of 2015. With total registrations of 1,376,889 new cars, it&#8217;s the highest half-year figure since records began.<\/p>\n<p>This boom is not a temporary blip either, as June 2015 marked the 40th consecutive month of growth in the market, with registrations up 12.9% on May. The SMMT figures also reveal our purchasing habits with 13.9% people choosing a car manufactured in the UK which is the highest level in five years.<\/p>\n<p>The increase is due to attractive finance packages and low-interest rates and people are making the buying decision. An added factor is a host of new models featuring some amazing <strong><a href=\"https:\/\/www.reconditionengines.co.uk\/blog\/category\/new-technology\/\" target=\"_blank\">technological innovations<\/a><\/strong>. EV\u2019s and Hybrids also feature prominently on the list with an increase in volume by 70.9% compared to May figures.<\/p>\n<p>Chief Executive of SMMT, Mike Hawes, said, &#8216;It is still a great time to buy a new car in the UK, and it is encouraging to see more consumers choosing British models.<\/p>\n<p>This is important to the wider economy with 799,000 people now employed across the UK automotive sector, including retail.<\/p>\n<p>There were no surprises regarding the best selling cars this month, the <strong><a href=\"https:\/\/www.reconditionengines.co.uk\/rec-model.asp?part=reconditioned-ford-fiesta-engine&amp;mo_id=784\" target=\"_blank\">Ford Fiesta<\/a><\/strong> comes in first with more than 20,000 sales over the Vauxhall Corsa in second place. The Ford Focus comes in third with the first UK-built entry, the Nissan Qashqai bringing home fifth. The UK motoring market shows a rosy picture after a long period of decline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest new car registration figures from the SMMT show the highest half-year sales figures on record The car industry in the UK is thriving and the figures released by the Society of Motor Manufacturers and Traders (SMMT) shows a rise of 7% in the first six months of 2015. With total registrations of 1,376,889 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":972,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,105],"tags":[298,187,299,300],"class_list":["post-970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-news","category-general","tag-hybrids","tag-new-car","tag-smmt","tag-uk"],"_links":{"self":[{"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/posts\/970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=970"}],"version-history":[{"count":3,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/posts\/970\/revisions"}],"predecessor-version":[{"id":2496,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/posts\/970\/revisions\/2496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/media\/972"}],"wp:attachment":[{"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reconditionengines.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}