500,000 cars registered in March 2015 to make it the best month this century

The month of March has made its way into the record books by registering half a million new cars, making it the best month this century. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) showed that a total of 492,774 cars found new homes last month – a figure that is up six per cent on March 2014.

This latest increase has been largely down to the growth in the fleet market, though private registrations continue to do well thanks to new product and low interest rates, according to the SMMT. The SMMT claims that the continued growth in new car sales has attracted more than £14 billion of investment since 2011, creating almost 30,000 additional jobs.

Mike Hawes, SMMT Chief Executive, said, “The challenge for a new government and industry will be to maintain this momentum and to strengthen Britain’s manufacturing capabilities through continued investment, innovation and policies which maintain our global competitiveness.

There was no change in the best selling cars for the month with the top three consisting of:-

Ford Fiesta (best-seller for the month)

Vauxhall Corsa

Ford Focus