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New car sales rise in 2004

THE new car market has risen 2.2 per cent in the first six months of the year, according to figures released by SMMT.

The total is the second highest ever after the record figures of June 2003.

SMMT chief executive Christopher Macgowan said: “In a fiercely competitive market, with some excellent new models, sales remain up over the year to date. Last month saw a slight decline following a record total in June 2003.

“June 2004 was still the second highest on record. Despite fuel price concerns and rising interest rates we have seen a record first six months of 2004.

“Consumer confidence remains strong and we should see 2.6m new cars leaving showrooms by the end of the year.”

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