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New car market growth continuesBack

110113 Ford FiestaFigures just released by the Society of Motor Manufacturers and Traders (SMMT) have revealed a significant increase in new car sales throughout April.

The latest figures suggest that the UK’s new car market is continuing to grow from strength to strength despite the current economic climate.

In April, the new car market saw a 14.8 per cent increase in new car registrations in comparison to the same month in 2012.

In total, 163,357 new cars were registered in April and leading manufacturer Ford continued to dominate the market, with the Ford Fiesta retaining its position as the UK’s best-selling car.

Included in the top five most popular cars purchased in April was the Vauxhall Corsa in second place, followed by the Ford Focus, the Volkswagen Golf and the Vauxhall Astra. The same line up of cars comprise the top five best-selling cars in the year-to-date, with the Focus in second place this time, and the Golf in fifth.

Ford continues to be the most popular car maker with 22,178 new Ford cars registered in April, with Vauxhall as its closest competitor selling 17,645 new cars last month.

Both Jaguar and Land Rover have also enjoyed significant increases in sales, whilst BMW and Audi continue to service the premium market, with Audi recording slightly better monthly sales figures than BMW.

Figures for the year to date have also shown improvement with registrations in the first four months of 2013 increasing by 8.9 per cent to 768,555 units.

SMMT Interim Chief Executive, Mike Baunton said: “The UK new car market continues to perform surprisingly strongly, with volumes again increasing in April. While the headline increase was up almost 15% there were more sales days this year than last.

“The UK continues to perform well ahead of the troubled Eurozone as consumer confidence, regular purchase cycles, attractive finance deals and wider market factors continue to make new car buying favourable for motorists.”

These positive results have led the SMMT to revise its forecast for total 2013 car sales in the UK and increase it to 2.106 million cars compared to 2,044 million sold in 2012.

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Posted by Leana Kell on 07/05/2013