Fleet News

Car registrations overtake 2012 total

The new car market is on course for growth of 10% as registrations beat 2012's total in 11 months.

Figures from the Society of Motor Manufacturers and Traders show 159,581 cars were registered in November - a 7% increase on the same month in 2012 - with a total of 2,111,819 registered for the first 11 months of the year, ahead of the 2012 full year figure of 2,044,609.

The van market is also heading for a strong year, with 22,647 registered in November (an increase of 19.4% on November 2012) and 250,124 for the year to date, representing an 11.7% increase on last year.

SMMT chief executive Mike Hawes said the performance for the car market is a tremendous success for the industry.

"With the UK economy looking increasingly positive, we can expect strong underlying demand for new cars to continue into 2014, with volumes set to match or surpass those seen this year."

He added: "The November commercial vehicle market rose 22.7%, continuing the strong upward momentum we've seen over the past four months.

"With engine technology developments driving up the truck market, plus van owners and operators responding positively to this year's economic recovery, the sector is on course for its best performance in five years."

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