Vehicle registrations continue to beat records

Year-on-year figures show a 17.7 per cent increase in new car registrations compared to the same period in 2013.

According to figures released by SMMT, demand for new 14-plate vehicles saw 464,824 new car registrations in March 2014 compared to 394,806 in March 2013. 

Since the move to twice-yearly plate change in 1999, only March 2004 saw higher registrations at 466,954.

The automotive trade body added that year-to-date registrations are up 13.7 per cent to 688,122 units, with alternatively-fuelled vehicles growing 63.8 per cent compared to 2013.