Fleet News

Fleet sales flat, but retail pushes market up in June

New car registrations to the fleet and business sector equated to 109,598 units in June – a market share of 58%. However, year-to-date sales to fleets are flat, with registrations to the 'true fleet' market, which excludes motability, rental and captives, down 3%.

Monthly total fleet sales were slightly less than the 110,335 units and 60% share achieved in June 2011, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

Year-to-date figures reveal that 581,397 cars have been registered to the fleet and business sector out of a total of 1,057,680 units giving it a market share of 55%.

Again, that’s marginally down on the same period last year, where the fleet and business sector equated to 591,442 units – a market share of 57%.

However, overall registrations in the first half of 2012 have increased by 2.7% from 1,029,638 units for the same period in 2011.

Private demand recovered in the first half of 2012, up 8.7% with June continuing the trend, up 9.8% and technological gains helped average new car CO2 emissions fall 4% to 134.1g/km in first half of 2012.

"Driven by demand from private buyers, June new car registrations grew 3.5% to push 2012 half year volumes through the one million mark," said Paul Everitt, SMMT chief executive.

"Despite domestic and international economic concerns, UK motorists are responding positively to new products and the latest fuel-efficient technology.

“The industry has performed better than expected in the first half of the year and we will now need to work hard to sustain growth."

 


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