BRITAIN’S used car market held steady last year despite a slip in fourth-quarter sales, according to the Society of Motor Manufacturers and Traders (SMMT).
More than 8m vehicles were sold over the period, a 1.1% dip but still the second highest figure on record. While the market performed well over the year, sales fell by 5.1% in the final quarter compared with the same period in 2016.
Mike Hawes, chief executive of the SMMT, said: “While such healthy demand is reassuring, to keep it that way and accelerate renewal throughout the fleet — the fastest way to improve air quality — government must now restore confidence to the new car sector.
“Given the recent economic and fiscal uncertainty, particularly over diesel, consumers and businesses need clarity to encourage them to move out of their older vehicles and into newer, lower-emission cars, whatever their fuel type.”
SUVs and Minis were among the more popular vehicles, with demand rising by 9.5% and 4.3% respectively, while sales of executive cars rose marginally by 0.02 per cent.
Alternatively fuelled vehicles (AFVs) also experienced growth, with sales of petrol-electric hybrid cars up 22.2% to 73,864, and zero-emission electric vehicles up 77.1% to 10,199.
Silver remained the nation’s most popular used car colour.
This article first appeared in The Times