Tag Archives: Car sales

Over 2 million registrations so far in 2016 as 66-plate drives new car market

SMMT_Master_Brandline_(RGB)

 


  • 469,696 new cars registered in plate-change September – a steady rise of 1.6% and the highest September on record.
  • Increased demand for diesels and alternatively fuelled vehicles, up 2.8% and 32.6% respectively.
  • Year-to-date total registrations grow 2.6%, with more than 2 million units registered so far this year.

The UK new car market remained steady in September, rising 1.6%, according to data published by the Society of Motor Manufacturers and Traders. 469,696 cars were registered, as buyers purchased the new 66-plate.

september-new-car-registrations-2000-to-present-chart

The performance marks the highest September on record, while the total number of cars registered so far this year also grew to  2,150,495 units – up 2.6% compared with the same period last year. It is only the second time that the two million mark has been passed in September since 2004.1

Fleet registrations continued to drive growth, up 7.3%, while registrations to private motorists experienced a small decline, down -1.7% to 223,844 units in the month. Meanwhile, diesel registrations rose 2.8% as petrols declined
-1.1%. Alternatively fuelled vehicles continued to outpace the market, up 32.6% against the same month last year with a market share of 3.4%.

Mike Hawes, SMMT Chief Executive, said,

September is always one of the biggest months for Britain’s new car market. The new 66-plate, combined with a diverse range of exciting new models featuring the latest technology, has certainly helped draw buyers into showrooms and many are taking full advantage of the attractive deals and low interest financing options on offer. Business and consumers place September orders many months in advance, so the ability of the market to maintain this record level of demand will depend on the ability of government to overcome political uncertainty and safeguard the conditions that underpin consumer appetite.

 

september_me

september_best-sellers

  1.  September 2015 recorded 2,096,886 units registered, the first time the 2 million mark was passed in September since 2004.

Source: SMMT

Strong start to the year for UK car manufacturing with best January since 2008

Car manufacturing rolling year graph_Jan 16

  • UK car production grows 8% in January, with 137,552 vehicles built.
  • Strong overseas demand drives output, lifting exports 9.7%.
  • 31,111 cars built for home market, with production for UK buyers up 2.5%.

UK car manufacturing got off to a strong start in 2016 with output in January up 8% compared with the same month last year, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). 137,552 cars were produced in the month – the best January performance for eight years.

Increased foreign demand for British-built cars saw manufacturing for export grow for the sixth consecutive month with volumes up 9.7%. Meanwhile, production for UK customers grew 2.5% – an indication of the strong state of the domestic market.

Car Manufacturing table

The performance follows a record year for exports in 2015, with total car production reaching 1.6 million – the highest in a decade.

Mike Hawes, SMMT Chief Executive, said, “January’s figures mark an encouraging start to the year for the UK car industry, following an impressive 2015. We expect output to continue growing in the coming years as the industry benefits from continuing investment, but much will depend on global economic and political conditions and consumer confidence.”

Source: SMMT