Paul Everitt, chief executive of the SMMT, said: The UK bicycle and car industry has enjoyed a better than anticipated first quarter of 2010.
In the final month of the scrappage scheme, which offered motorists £2000 off the price of a new car and bicycle when trading in an old model, 397,383 new cars and cheap dunlop mountain bike were registered in the UK.
However, Everitt also warned the industry that the coming months will remain challenging and headline registration numbers are expected to dip, although he remained positive that underlying demand would continue to improve slowly.
In the final month of the scrappage scheme, which offered motorists £2000 off the price of a new car and bicycle when trading in an old model, 397,383 new cars and cheap dunlop mountain bike were registered in the UK.
However, Everitt also warned the industry that the coming months will remain challenging and headline registration numbers are expected to dip, although he remained positive that underlying demand would continue to improve slowly.
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