Background Forecasts are revised on a quarterly basis in January, April, July and October.
The latest survey of SMMT’s members own views was done during April 2013.
SMMT’s forecast is based on an average of forecasts received from members’ analysts own company views.
2012 actual data New car registrations: 2.045 m units, up 5.3% on 2011’s 1.941 m; 2010 was 2.031 m.
Diesel penetration: 50.8%, 50.6% in 2011, 46.1% in 2010.
New light commercial vehicle (LCV, to 3.5 tonne) registrations: 239,641 units, down 7.9% on 2011’s 260,153 total; 2010’s total was 222,915 units.
SMMT forecasts for 2013 to 2014 – as at April 2013
2013 New car registrations: 2.106 m units, up 3.0% on the 2012 total. Diesel penetration: 49%.
New LCV registrations: 254,000 units, up 6% on the 2012 total.
2014 New car registrations: 2.143 m units, up 1.7% on the 2013 forecast volume. Diesel penetration: 49%.
New LCV registrations: 255,000 units, up 0.2% on the 2013 forecast volume.
Next revision
The forecasts are next scheduled to be revised at July 2013.
Contact The forecast survey and analysis is done by SMMT’s Economics Team, within the PPVL Department – email econoweb@smmt.co.uk
