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UK: New car market momentum continues in key plate-change March

New car market momentum continues in key plate-change March UK new car registrations rose 5.9% in March with 394,806 registrations of 13-plate cars. Registrations in Q1 rose by 7.4% to 605,198 units. March marked the 13th consecutive month of growth in new car registrations, with volumes the highest since 2010 when the Scrappage Incentive Scheme … Continued

New car market momentum continues in key plate-change March

  • UK new car registrations rose 5.9% in March with 394,806 registrations of 13-plate cars.
  • Registrations in Q1 rose by 7.4% to 605,198 units.
  • March marked the 13th consecutive month of growth in new car registrations, with volumes the highest since 2010 when the Scrappage Incentive Scheme supported the market.
  • The uplift in the market follows strong demand in private registrations, which were up 11.2% in Q1.
  • Registrations of all sales types rose in March, and across most segments – notably the Mini and MPV segments.
  • The better than expected Q1 outturn should support net growth in the market in 2013. SMMT will review its full year forecast later in March.

“UK new car registrations out-performed expectations in March, the first month of the new 13-plate. The market increased more than 5% on March 2012 to almost 395,000 units,” said SMMT Interim Chief Executive, Mike Baunton. “Despite ongoing economic concerns, consistent monthly growth in the market is an encouraging sign of returning consumer confidence as motorists are attracted to forecourts by new models and the latest technologies.”

March

Total

Diesel

Petrol

AFV

Private

Fleet

Business

               
2013

394,806

187,239

202,249

5,318

204,299

171,728

18,779

2012

372,835

181,368

186,047

5,420

189,468

165,565

17,802

%   change

5.9%

3.2%

8.7%

-1.9%

7.8%

3.7%

5.5%

Mkt   share ’13  

47.4%

51.2%

1.3%

51.7%

43.5%

4.8%

Mkt   share ’12  

48.6%

49.9%

1.5%

50.8%

44.4%

4.8%

               
Year-to-date

Total

Diesel

Petrol

AFV

Private

Fleet

Business

               
2013

605,198

292,403

304,356

8,439

294,656

282,695

27,847

2012

563,556

283,872

271,486

8,198

264,884

273,898

24,774

%   change

7.4%

3.0%

12.1%

2.9%

11.2%

3.2%

12.4%

Mkt   share ’13  

48.3%

50.3%

1.4%

48.7%

46.7%

4.6%

Mkt   share ’12  

50.4%

48.2%

1.5%

47.0%

48.6%

4.4%

               
Best sellers March          Year-to-date
               
 

1

Fiesta

22,748

 

1

Fiesta

34,309

 

2

Corsa

16,169

 

2

Focus

25,081

 

3

Focus

15,434

 

3

Corsa

24,561

 

4

Golf

9,978

 

4

Astra

17,202

 

5

Astra

9,559

 

5

Golf

15,726

 

6

Qashqai

8,465

 

6

Qashqai

14,601

 

7

Polo

7,431

 

7

Polo

11,753

 

8

1 Series

7,001

 

8

208

11,108

 

9

208

6,726

 

9

C-Class

10,301

 

10

C-Class

6,628

 

10

Juke

10,010

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