Wednesday, 16 December 2009

Car Market Up Over 57% In November

New car registrations were up 57.6% on a weak 2008 number to 158,082 units according to the Society for Motor Manufacturers and Traders (SMMT). Year on year figures are down 8.8% at 1,844,063 units but will increase before the year end to over 1.975 million units. The scrappage scheme accounts for much of the recent success. The Scrappage Incentive Scheme accounted for 21.6% of all new car registrations in November. Business, fleet and private sales increased in November with private sales up 141.2%. November 2008 figues showed a particularly sharp decline. The best selling models were the Ford Fiesta, as it has been for 9 months this year, the Focus, the Corsa and the Astra. Other popular models include the 3 series and the 207, the Clio and the Golf.

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