Thursday 4 August 2016

Demand for alternative fuelled vehicles up by a quarter

The demand for alternative fuelled vehicles (AFV) has risen by 24.7% in July.

That’s a total of more than 5,300 new AFV sold, according to data released by the Society of Motor Manufacturers and Traders (SMMT).

It stated the increase is “remarkably strong” compared to the same period in 2015 when more than 4,300 AFV were registered.

On the other hand, passenger car demand experienced a “moderate increase” of 0.1%.

Mike Hawes, SMMT Chief Executive said: "After a healthy start to 2016 and record registrations in 2015 the market is showing signs of cooling. The automotive market is a vital part of the British economy and it’s important government delivers the economic conditions which instil business and consumer confidence. "