The latest official car registrations revealed by the Society of Motor Manufacturers and Traders (SMMT) make interesting reading.
In particular, it is fascinating to see the fluctuating performance of the leading manufacturers.
The best-selling car of the year remains the Ford Fiesta with over 50,000 being sold, but the most popular seller in May was the Vauxhall Corsa.
Both manufacturers posted strong overall sales in May and are joined in the ‘winners’ category by Land Rover (up 28.4%), Kia (up 24.0%) and Skoda (up 18.2%). The most surprising of those three is Skoda, as it had no new models in this period. Its growth rate is expected to accelerate even further with the new Citigo model now on sale.
The losers include Renault, which is down a staggering 44.4% and now sells fewer cars in the UK than Land Rover, Fiat or Mini. Alfa Romeo is also having a torrid time, with sales down 35.8% despite launching a number of new models recently, while Lotus looks in crisis, having shifted just a pitiful 79 cars in the first five months of the year!
The figures as a whole revealed surprisingly strong growth, with a 7.9% rise in new car sales representing the largest percentage increase for 23 months. This was underpinned by a 4.8% rise in fleet sales.
Though sales are still around half a million less than the pre-recession days of 2007, the fact that like-for-like sales are running at 2.6% higher then the equivalent period in 2011 has prompted SMMT chief Paul Everitt to deliver an upbeat bulletin.
“May’s 7.9% increase in new car registrations is good news for the motor industry and the UK economy.
“The consistent climb in new car registrations during the first five months of the year suggests that confidence is returning, despite financial uncertainty in the eurozone.”
Posted by Ashley Moon