New car registrations rose by 13.5 per cent in May compared with the same month in 2009, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), suggesting that more people will be looking for cheap motor insurance.
Some 153,095 new cars were sold in the UK last month, compared with 134,858 last year, marking the 11th month of consecutive increases.
Additionally, the fleet market saw a considerable positive gain of 16 per cent in May, indicating that businesses as well as private motorists will be seeking
car insurance quotes for their new vehicles.
Although it is good news for dealers and car insurance customers, SMMT chief executive Paul Everitt stressed that the industry should prepare for a difficult few months ahead, particularly as the boost provided from the scrappage scheme comes to an end.
"It is essential that the upcoming emergency budget promotes consumer and business confidence to maintain economic recovery," he commented.
