Tag Archives: new car sales

September 2016 New Registrations

September 66-plate registrations drives new car sales over £2,000,000 during 2016.

I’m not sure if you’ve noticed? I certainly have! The number of cars featuring the new ’66 plate’ driving on the roads has been quite apparent? Maybe the ’66’ is more eye catching than past plate formats, but there’s certainly been a feeling of more ‘new-cars’ on the road lately! Well it’s not just a feeling, the SMMT reports that 469,696 new cars were registered in September 2016 – a steady rise of 1.6% and most importantly, the highest September on record.

There has also been a rise in demand for diesels and alternatively fueled vehicles; up 2.8% and 32.6% respectively.

If you’re liking all the numbers in this post, then the next figure will get your juices flowing! The year-to-date total registrations grew 2.6% in September taking the grand total so far to over 2 million new cars sold this year.

This amazing and very encouraging news means this 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 in recorded history that the two million mark has been passed in September. The first time was in 2004.

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.”

July 2016: New Car Registrations

England keeps UK new car registrations afloat during July.

Considering all the doom and gloom forecasting in the run-up to and after the Brexit, you have to admit that the motor trade is standing firm with a real sense of “let’s just get on with things”.

Yes there’s been ripples in the water as a result of the EU Referendum, with Vauxhall, Ford and Peugeot having implemented small price rises across their cars in the six weeks since the UK voted to leave the European Union, according to Daksh Gupta, CEO of Marshall Motor Holdings during a recent interview with TradePlates.TV.

“It’s only been small percentages, but I think clearly one of the things (driving it) is “what’s the impact of sterling going to be?”, said Gupta.

He said: ‘If you take what we’ve seen with these manufacturers that have put their pricing up, it’s only been one or two per cent. So, if you’re saying that an average vehicle is £20,000 and you took a midpoint and said it was a five per cent increase – that’s £300.

In related news, the boss of Nissan has said future decisions about the car giant’s Sunderland plant will depend on the outcome of Brexit negotiations. However he was ‘reasonably optimistic’ that the UK will continue to be a key partner of the European Union.’

Ghosn told the BBC: ‘I don’t think today you can talk about any impact before we see what is the new status of the UK. Most of the production out of Sunderland is exported to Europe. So obviously for us, the relationship which is going to prevail between the UK and Europe is very important.’

So even with all the negative forecasting leading into the Referendum,  businesses and consumers are keeping calm, and carrying on as normal.

“Just keep swimming.”

In terms of new car sales last month, England was the only part of the UK with an increase in new car registrations during July 2016 according to figures released by the SMMT. Sizable falls of around 8% in Scotland and Wales was offset by a modest increase of 1,900 vehicles in England, which just about kept the UK sales figures afloat.

New car sales in Scotland were down to 12,471 in July 2016, a fall of just over 8% compared to July 2016, with a similar fall in Northern Ireland’s monthly registration figures to 3,899.

The year-to-date presents a more positive picture with an increase of around three per cent with 1,594,509 registrations. This is up 44,760, but it’s the 56,100 increase from England that keeps the overall number in growth.

This year sees Northern Ireland’s registrations increase by 233 vehicles while those in Wales fell by 100, and Scotland have fallen by 1,473.

Mike Hawes, SMMT Chief Executive, said, “After a healthy start to 2016 and record registrations in 2015 the market is showing signs of cooling. The automotive market is a vital part of the British economy and it’s important government delivers the economic conditions which instil business and consumer confidence. With low interest rates, attractive finance options and exciting new models coming to the showrooms, the market still has lots to offer customers.”

Looking at the graph below it seems everything is starting to settle onto a healthy plateau.

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

We’ll keep an eye on the months ahead and report the latest figures right here, so please check back soon!


Thank you for reading this JUly 2016 New Car Registrations post on the WAS Blog!

Best New Car Sales Figures For January In 11 Years!

UK new car sales kick 2016 off on a high with the best January since 2005.

Latest new car sales figures coming in from the SMMT have revealed 2016 starting on a very positive note for new car sales, which can only be good news for the used car market! I’ll come to that in my next post, but first new car sales.

After a slight slump in the later part of 2015, this January has witnessed the best January for new car sales since 2005 as registrations increased by 2.9% to 169,678 vehicles.

What’s more interesting is the demand for alternatively-fueled vehicles continues to grow in leaps and bounds with January seeing a 32.1% spike bringing the alternative-fueled vehicle market share to 3.6%. Petrol hybrids showed the largest growth – up 44.1%.In this editors eyes that can only be a good thing. Especially after recently sitting in my colleagues hybrid car and being amazed at the quietness and eco-friendliness of the battery powered “silent start” and initial pull off the lights. I’ll totally consider a hybrid for my next purchase! Anyway!Here’s the movers and the shakers on the new car sales front:

  1. Fiesta – 8,353
  2. Qashqai – 4,839
  3. Corsa – 4,803
  4. Focus – 4,285
  5. Golf – 3,813
  6. Juke – 3,446
  7. Polo – 3,298
  8. A3 – 3,227
  9. Astra – 3,185
  10. C-Class – 3,022

It’s worth noting just how well the UK export market is doing. It seems car exports to India have more than trebled in the past 5 years according to data released today ahead of Auto Expo 2016. In 2015, the UK exported 194.5% more cars to the region than in 2010, and 5.4% more than last year, putting India in the UK’s top 10 Asian export markets.

British manufacturers made more cars in 2015 than any year since 2005 when 1,595,697 vehicles were produced.


Thanks for reading this WAS Blog post on new cars sales in January 2016!

UK New Car Sales March 2015 “Longest Period Of Growth”

Buckle yourselves in! For the 37th consecutive month the UK car market has experienced growth, with March 2015 being “the best month this century” for new car registrations!

  • UK new car sales March 2015 figures reveal best month this century with nearly half a million cars registered in March, up 6.0% on same month last year.
  • Fleet market continues to drive growth‎.
  • New car market grew 12.0% in February with 76,958 cars registered.

Figures released today by the SMMT reveal a record breaking 492,774 cars were registered in March 2015. These UK New Car Sales 2015 figures indicate this is the best month since the twice-yearly number plate changes were introduced in 1999! Registrations so far this year have increased by 6.8% to 734,588.

Mike Hawes, SMMT Chief Executive, said, “The best month this century for new car registrations is a welcome boost for the UK’s thriving automotive sector. The challenge for a new government and industry will be to maintain this momentum and to strengthen Britain’s manufacturing capabilities through continued investment, innovation and policies which maintain our global competitiveness. Whatever the general election result, the new government must keep up the commitment to the sector which is delivering at home and abroad.”

Looking back a month further, February is traditionally one of the quietest months of the year ahead of a number plate change in March, yet the market grew 12.0% with 76,958 new cars registered.


“The UK car market’s sustained expansion is the longest ever seen, beating the previous record of 26 months set in the late 1980’s” – SMMT.


The number of new cars registered has risen every month since March 2012, as the UK continues to bounce back from the recession and consumer demand has been driven by exciting new products and attractive finance deals.

Mike Hawes, SMMT Chief Executive said, “Three years of continuous growth in the new car market is remarkable and reflects the strong upturn in the confidence of UK car buyers since the recession.”


Thank you for reading this post about UK New Car Sales 2015 on the WAS Blog!

What is the most popular new car colour?

So you’re strolling around the forecourt arranging your stock of used vehicles. Which colour car do you think is more likely to sell? The red one? The blue one? SMMT figures reveal the “colour of choice” for UK new car buyers!

Way back in 1996 when we were caught in the grip of “brit pop” fever, and our national football teams brought the UK to a standstill in the European Championships – just 2,489 white cars were sold on the UK’s forecourts.

Based on the latest SMMT figures it appears that in 2013 and 2014, “white cars” are the new “black cars”. White cars are now the colour of choice for UK new car buyers!

“Of 2,476,435 new cars registered in 2014, 22.2% were white – representing the highest proportion of white cars registered in any year since records began in 1996.”

10 years ago, only 1% of new car customers bought a white car. In 2014 almost a quarter of the 2,476,435 new cars registered in the UK were white!

Figures released today by the Society of Motor Manufacturers and Traders (SMMT) reveal:

  • 2,476,435 new cars registered in 2014.
  • 22.2% of those cars were white making it the most popular new car colour.
  • 2014 sees the highest proportion of white cars registered in any year since records began in 1996.
  • In 2010 white cars accounted for less than 10% of new-car registrations.
  • In 2010 black and silver cars were most popular new car colour.

 

Best-selling white cars by year

Year         Make Model Registrations
1996 Citroën Xantia 2,489
2000 Vauxhall Astra 4,775
2005 MINI MINI 3,827
2010 Fiat 500 13,049
2014 Ford Fiesta 25,845

So if you’re arranging your used stock on the forecourt this weekend, maybe have a look to see if any of your white cars are fully visible. It just might be the next car you sell!

 


Thank you for reading this post on the WAS Blog about the most popular new car colour in 2014! Please share and comment below! Image credits to Anja Disseldorp via Flickr, Dave Shafer via Flickr, André Sá via Flickr, and Keith via Flickr.

January Car Sales 2015 – Off to a good start?

Strap yourselves in, because the very first new car registration figures of 2015 are out! Could we see another rise in sales to make it the 35th consecutive month of growth?

To answer this question – YES! The January car sales 2015 figures are out, and they reveal a total of 164,856 cars were registered during January 2015.

These numbers released by the SMMT and represented a 6.7% rise in the number of registrations, and the strongest January performance since 2007!

These stats also make this a record growth period for the whole market, with January 2015 marking the 35th consecutive monthly rise in sales.

Mike Hawes, SMMT chief executive, said: ‘These figures mark an encouraging start to the year after a very strong 2014, with a strikingly robust company car market as businesses take advantage of the attractive finance offers currently available.

‘January saw increased uptake of both petrol and diesel cars, while demand for alternatively-fuelled vehicles continued its surge with registrations rising by 60.8 per cent. Registrations of plug-in vehicles were particularly strong as consumers responded to a greater choice of makes and models delivering lower running costs.

‘Last year’s 9.3 per cent rise in the overall market was fuelled by stronger-than-expected economic confidence and, for 2015, we expect to see some levelling-off throughout the year: demand is back to pre-recession levels following record-breaking growth.’

As Hawes indicated, the figures display particularly strong growth in the area of company car registrations, up 18.1 per cent on January 2014.

Fleet registrations have been increasing consistently since 2012 as UK business confidence has bounced back since the recession. Just 882,415 cars were registered to fleets in 2009; this grew to 1,178,416 in 2014. Currently, the strong pound means that manufacturers can offer attractive finance packages to fleet buyers in the UK.


Thank you for reading this post on January car sales 2015 on the WAS Blog! Be sure to subscribe to keep updated with more motoring news!

October 2014 New Car Sales Surge

Surge in sales during October and November 2014 pushes new car registrations past the two million mark.

Figures by the SMMT reveal October 2014 has seen a surge in new car sales with 179,714 units sold, and 172,327 sold in November. This has pushed the new car sales for the year beyond the two million mark! The last time we hit this milestone was back in 2007, just before the downturn where over 2.4 million new cars were sold.

What is more impressive, is that this 14.2% surge in new car sales in October and 8.0% in November, mean this is the 33rd consecutive month of growth.

This month and indeed this year has also seen an enthusiastic demand for alternatively-fuelled vehicles, with the market up more than 50% in both month and year-to-date.

Mike Hawes, SMMT Chief Executive said,

“The October new car market outperformed expectations, with registrations showing the strongest growth in a month since March’s 18% rise. With economic confidence still rising, customers continue to benefit from attractive financial packages on exciting new models.”

“We still expect the overall market to level off as we head towards 2015, but the exception to that rule will be alternatively-fuelled vehicles, demand for which will continue to accelerate.”

 


Thank you for reading this post on October 2014 New Car Sales. Header image credit Buzrael on Flickr.

UK Car Market Shows 30th Month Consecutive Growth

The UK new car market has experienced it’s 30th month of consecutive growth in August, according to the SMMT.

Figures for a thriving car market report that 72,163 new cars were registered in August, which is a 9.4% rise compared to August 2013. These positive figures reveal a 30th month of consecutive growth in the new car market, considering that August is usually the quietest of the months for new car sales making up just 3% of the annual total. September by comparison contributes on average 18% of the annual sales.

Mike Hawes, SMMT Chief Executive, said, “New car registrations reached two-and-a-half years of consecutive monthly growth in August, as confident private and fleet consumers continued to snap up enticing deals on a wealth of advanced new products.

“The UK’s performance in the context of Europe is particularly impressive, with growth consistently ahead of the rest of the EU for the past two years. As the UK market starts to find its natural level, we expect to see the growth level off during coming months.”

Thank you for reading this post about the UK car market experiences 30th month consecutive growthPlease share and comment below!
Header Image Credit: Niels Paul via Flickr