UK Car Sales up 10.6% in H1 2014

SMMT released local car sales figures in July 4. H1 accumulative sale is 1.28 million units, up 10.6% from last year. This is also the best performance since 2005. SMMT executive president says improved local economy boosts the market of new cars in H1. The overall market grows faster than anticipated until it slows down and turns steady after March.