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U.K. Car Registrations Increase In April: SMMT

U.K. new car registrations increased 3.3 percent in April from a year ago to 142,322 units, the Society of Motor Manufacturers and Traders said Friday.

SMMT said this was the this was the third, and largest, increase this year with January-April volumes up 1.4 percent.

"We are seeing a steady increase in consumer confidence with growth in private demand, boosted by the arrival of a raft of new products," said Paul Everitt, SMMT chief executive.

SMMT raised its 2012 full year forecast to 1.95 million units, 0.4 percent higher than in 2011.

by RTTNews Staff Writer

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