NEW UK CAR MARKET ON TRACK TO BREAK RECORD

Published 05/12/2016 00:00:00 in Press Releases

“2016 has been an exceptional year for the retail motor industry with over 2.5 million new cars units registered in the year to date. The sector has performed well in November with 184,101 units registered. The steady growth benefits our members not only with sales, but also the increased demand for servicing and repair work for these vehicles”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, commenting on the SMMT’s new car registration figures.

New passenger car registrations rose 2.9% in November with 184,101 units. The UK new car market remains very strong year to date with a total of 2,514,764 units, 2.5% more than in 2015. Alternative fuelled vehicles grew by 25.1% to 6,663 units and now have a market share of 3.6%.

Robinson continued, “Fleet sales are currently driving the market, up 5.1%. The overall growth in what is usually a quiet month is extremely positive and annual figures are still projected to reach over 2.67 million of units, meaning a slight increase on last year’s record results. We are now looking forward to see what the market has in store for the last month of 2016.”

 

ENDS

NOTES TO EDITORS:

Gabriele Severini, NFDA Communications Officer
Tel: 0207 307 3423 
Mob: 07880 039 897 
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk Email: gabriele.severini@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

 

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