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12/06/2002
Record month for new car sales in UK
The latest figures for new car sales in the UK have shown that in May sales increased for the twentieth consecutive month in the new car market.
Despite a general fall-off in new car sales across Europe by 2.6% from January to April, UK dealers saw 208,669 registrations beating the previous record May of 199,258 vehicles, set in 1989.
This figure represents a month-on-month growth of 5.1% and saw registrations rise to 1,140,363 units over the first five months of this year – an 8.2% increase on the same period in the preceding year.
Commenting on May figures, Society of Motor Manufacturers and Traders (SMMT) Chief Executive, Christopher Macgowan said: "'Strong growth in the private sector, is a clear sign of consumer confidence and generous finance packages combined with lower prices continue to make cars more affordable and better value. Although the level of growth we've seen over the past 20 months cannot last forever, this year is still well on course to be another strong one for new car sales, with registrations expected to top 2.4 million units."
Registrations to private buyers in the UK rose 13.4 per cent in May to 104,599 units as the market continues to defy expectations of a slowdown as new models and low cost finance packages attract buyers.
According to the SMMT, business demand edged forward in May, while large fleet volumes cooled. However, over the first five months of the year growth across all segments remains impressive.
The main volume of growth in May came from the supermini and smaller medium family cars with the exception of the Mondeo nine models in the top ten were from these two segments.
The Ford Focus has continued to top the monthly best sellers' list for the twenty-fifth successive month.
However, MPV, 4x4 and luxury saloon sectors all reported improved performance in May.
(SP)
Despite a general fall-off in new car sales across Europe by 2.6% from January to April, UK dealers saw 208,669 registrations beating the previous record May of 199,258 vehicles, set in 1989.
This figure represents a month-on-month growth of 5.1% and saw registrations rise to 1,140,363 units over the first five months of this year – an 8.2% increase on the same period in the preceding year.
Commenting on May figures, Society of Motor Manufacturers and Traders (SMMT) Chief Executive, Christopher Macgowan said: "'Strong growth in the private sector, is a clear sign of consumer confidence and generous finance packages combined with lower prices continue to make cars more affordable and better value. Although the level of growth we've seen over the past 20 months cannot last forever, this year is still well on course to be another strong one for new car sales, with registrations expected to top 2.4 million units."
Registrations to private buyers in the UK rose 13.4 per cent in May to 104,599 units as the market continues to defy expectations of a slowdown as new models and low cost finance packages attract buyers.
According to the SMMT, business demand edged forward in May, while large fleet volumes cooled. However, over the first five months of the year growth across all segments remains impressive.
The main volume of growth in May came from the supermini and smaller medium family cars with the exception of the Mondeo nine models in the top ten were from these two segments.
The Ford Focus has continued to top the monthly best sellers' list for the twenty-fifth successive month.
However, MPV, 4x4 and luxury saloon sectors all reported improved performance in May.
(SP)
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07 August 2012
New Car Registrations Up 9.3%
New car registrations continue to improve, according to the Society of Motor Manufacturers and Traders (SMMT). They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012. Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
New Car Registrations Up 9.3%
New car registrations continue to improve, according to the Society of Motor Manufacturers and Traders (SMMT). They rose 9.3% in July to 143,884 units – the fifth monthly gain in a row and the best of 2012. Registrations over the first seven months have risen more than 40,000 units or 3.5% to 1,201,564 units.
10 May 2004
Record year forecast despite April new car sales dip
The Society of Motor Manufacturers and Traders (SMMT) has revealed that in April there was a dip in new car sales of 3.8%, but remains confident in its forecast a record year for the numbers of new cars sold. Citing a rise in year-to-date registrations of 3.
Record year forecast despite April new car sales dip
The Society of Motor Manufacturers and Traders (SMMT) has revealed that in April there was a dip in new car sales of 3.8%, but remains confident in its forecast a record year for the numbers of new cars sold. Citing a rise in year-to-date registrations of 3.
02 April 2002
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
26 February 2016
BMW Award For JKC Coleraine
Local BMW retailer JKC Coleraine has beaten 150 competitors to be awarded BMW 'New Car Retailer of the Year'. JKC were presented with the award at a ceremony in the 02 Intercontinental Hotel in London.
BMW Award For JKC Coleraine
Local BMW retailer JKC Coleraine has beaten 150 competitors to be awarded BMW 'New Car Retailer of the Year'. JKC were presented with the award at a ceremony in the 02 Intercontinental Hotel in London.
04 February 2005
Car price rises slip below inflation average
According to the latest 'What Car?' Price Index, rises in new cars prices are failing to keep up with inflation. The magazine's survey found that in the UK overall prices for new cars were up 0.1%, year-on-year, but with inflation running at 1.6%, this still represents "good value" said What Car?.
Car price rises slip below inflation average
According to the latest 'What Car?' Price Index, rises in new cars prices are failing to keep up with inflation. The magazine's survey found that in the UK overall prices for new cars were up 0.1%, year-on-year, but with inflation running at 1.6%, this still represents "good value" said What Car?.
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