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UK car production down 20%

CAR PRODUCTION slowed a little last month, according to official figures. A total of 133,730 cars were made in the UK in February - 2.7% fewer than in February 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Cars made for the export market rose 3.5% last month, but manufacturing for the home market was down 20.8%.

Scrappage helps UK car sales in October

Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.

New car sales in UK still growing – up 14.8% April 2013. Driven by PPI Claims?

It is quite hard to fathom just how UK new car sales (well, registrations) continue to rise inexorably against a backdrop of otherwise stagnant economic activity, but they do. April 2013 has seen a total of 163,357 new car registrations, up a huge 14.8 per cent on April 2012 and the best figure since 2008, and these sales figures are not being driven by fleet buyers but by private motorists – private sector registrations grew by 32.3 per cent in April and are up by 15.2 per cent year to date. Not surprisingly, it’s the Superminis that are performing strongly – although all sectors are showing a rise – and it’s the Ford Fiesta that continues to be the best seller in the UK with sales of over 8,000 in April and over 42,000 so far in 2013, and the rise of superminis has also seen an increase in sales of petrol-engined cars thanks to the wave of small capacity, frugal petrol options.