Showing posts with label registrations. Show all posts
Showing posts with label registrations. Show all posts

Sunday, March 20, 2011

New vehicle registrations again

The number of new cars registered in February by just under 22% over the previous year fell, has said the motor manufacturers and traders (SMMT) of the company.

The decline was less than the 30.9% drop for January and February is one of the slowest months for new car sales.

However the SMMT still expected turnover for the year 2009 a fifth down on 2008's numbers, and has reiterated its call for more government aid, in particular for a Scrappage scheme, which would take older cars off the road and encourage new sales call.

"Car new registrations continue to decline and although [the] Government recognizes the strategic importance of the UK automotive industry, urgent action is still required," said SMMT Chief Executive Paul Everitt.

"Other European countries have been proactive in promoting their automotive industry and it is imperative that the British Government regulation and access to finance and credit raised the speed in responding to industry proposals for a Scrappage."

Last week, alleged car dealer group the retail motor Association that the Government was "very close indeed" looking on a Scrappage system.

New car sales for February fell across all categories except the fuel-saving mini segment that saw strong growth again: a 47.3% year-on-year increase.


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Monday, January 17, 2011

Scrapping rise fuels in new vehicle registrations

The number of new vehicle registrations in the United Kingdom has for the first time within 15 months increased latest figures show.

By the society of motor manufacturers and traders (SMMT) collected data show that registrations were in July to 2.4% down to their level in the same month of 2008.

The growth was most in domestic sales, private registrations marked by a third party (33.4%), while small car purchases until were.

Ford Fiesta was the best-selling car again for the eighth time that it has kept the first place in the last nine months.

The numbers commented SMMT Chief Executive Paul Everitt, affecting the Scrappage regime was clear and was supported by growth.

However the report stresses that the total number of cars that sold so far this year is down more than a fifth (22.8%) last year.

"Industry is still a long road to recovery and we demand Government maintain measures to aid economic recovery by facilitating access to finance and credit and provide the loan automotive Assistant, guaranteed by the established" added Everitt.

Used car review experts who believe glass that the Government run could means the Scrappage schema, as early as October 2009 out, and have extended the schema are called.


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