July car market grows 12.7% but van sales drop 2.6%

The car market for July has risen again for the 17th consecutive month. The SMMT figures report that total new vehicle sales were 162,228 in July, up 12.7% (18,344 units) on the prior year. Year to date the market remains up 10.3% over 2012 at 1,325,851 units to end July. This further increase in growth has resulted in a revised market forecast of 2.216 million units by the year-end.

By contrast the new van sales in July dropped by 2.6% over 2012 to 18,417 units in the month. Year to date remains slightly ahead at 151,594 units, up 1.6% over the prior year. The SMMT are predicting a strong end to the year and are forecasting 291,000 units by year-end.

Truck sales continue to see the effect of the Euro 5/6 transition with new sales up 10.3% in July to 3,794 units. However the year to date market is still down 8.8% over 2012 at 25,114 units.