MGE: New Car Registrations Up 32% In June
- 5 Jul 2016 9:00 AM
In the first half of 2016, new car registrations rose 24% year-on-year to 45,959, MGE said.
Sales of light commercial vehicles were up 28% at 1,859 in June and climbed 24% to 10,121 in the first half of the year, according to the report.
Sales are growing faster than expected, MGE noted, adding that it could raise its projection for full-year growth.
Other findings from MGE:
Sales of heavy commercial vehicles rose 20% to 499 in June and were up 3% at 2,632 in the first six months.
Bus sales fell 20% to 32 in June and were up 9% at 224 in the first half.
Motorcycle sales rose 20% to 305 in June and were up 12% at 1,383 in January-June.
Source: BBJ
Republish with permission
LATEST NEWS IN getting around