A 17th straight monthly increase saw U.K. new-car sales jump 12.7% in July to 162,228 units and prompted the industry to raise its full-year forecast. Society of Motor Manufacturers and Traders interim CEO Mike Baunton says given the evidence of consistent growth, the group has boosted its forecast for 2013 deliveries to 2.216 million units, an increase of 8.4% from last year. At the beginning of this year the SMMT had forecast a market of 2.057 million units. “Recently, ...
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