Registrations up

New car sales increase, but note of caution sounded

Published:  04 November, 2011

October's new car market rose 2.6% on last year. This is considered by the industry to be 'positive result', given the uncertain economic climate.

"Vehicle manufacturers and their dealer networks are working hard to offer consumers value for money through improved fuel efficiency, low running costs and innovative finance" said the SMMT's Paul Everitt.  "We expect market conditions to remain challenging and hope the Chancellor's Autumn Statement later this month will help to boost economic growth and consumer confidence."

Since the 'scrappage' scheme ended in 2010 new vehicle sales have slumped as private buyers put off committing to such a major purchase.

However, Sue Robinson of the RMI sounded a word of caution: ""While it is positive that new car sales were up in October, this was due to the strength of the fleet sector. Private registrations were in fact down 4.3% on October 2010."

Related Articles

  • New edition of Top Technician 

    Read Top Technician online here

  • ASA slam 'End of life Vehicles' advert 

    THE Advertising Standards Authority has ruled against a scrapyard that called itself 'End of Life breakers' ruling that using the name in the first line of an advert, the company could easily be confused with an official government body.

  • Dealer doldrums 

    FRANCHISED dealerships will have to rethink their approach to aftersales in 2012, according to an industry expert.

  • Renault to slash franchise network 

    MORE than a third of Renault dealerships are to shut their doors in the New Year as the car maker battens down the hatches for what it describes as a 'transition' year.

  • Aircon & more 

    The technical team at Valeo look at some common winter queries


Sign Up

For the latest news and updates from Aftermarket Magazine.


Where should the next Automechanika show be held?


©DFA Media 1999-2018