Sales of new cars in Britain edged up in 2012, hitting more than two million vehicles, and recording the highest level since 2008 on the back of solid consumer demand, industry data showed today. Almost 2.045 million new cars were registered in 2012, compared with just over 1.941 million for 2011, industry body the Society of Motor Manufacturers and Traders (SMMT) said in a statement. That marked a rise of 5.3%- the biggest annual percentage increase since 2001. Boosted by strong consumer demand, the market grew at its fastest rate for 11 years with innovative, fuel-efficient cars keeping buyers in showrooms. The SMMT expected the market to hold firm in the current year.
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