Fleet News

Fleet sales ride high as feel good factor continues

FLEETS and retail buyers are benefiting from the 'feel good factor' with new car sales up nearly 8% last month and fleet sales almost hitting the 100,000 mark for the first time in January.

Figures from the Society of Motor Manufacturers and Traders reveal that last month a total of 206,784 vehicles were sold - up 7.8% on January 1996's total of 191,761. Fleet registrations - sales to companies operating more than 25 vehicles - rose 5.2%, while business registrations increased 27.2% and private registrations were up 7.6%.

Fleet sales totalled 98,235 (January 1996: 93,382) to take a 47.51% share on the total January market but Ford, Rover and Fiat of the major fleet manufacturers lost out in the flying start to the year as all three marques saw fleet sales drop year-on-year.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee