Fleet News

New car market up 10% in first half of 2014

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The Society for Motor Manufacturers and Traders has announced a 10.6% rise in new car registrations, the best half-year total since 2005.

Mike Hawes, SMMT chief executive, said, "Improving economic conditions have helped propel the UK new car market to a strong first half-year performance, with registrations up 10.6% on the same period in 2013.

"Key to attracting consumers is the ever-improving efficiency of new cars, an important factor that is highlighted by the 51.3% increase in alternatively-fuelled vehicle registrations so far this year. The overall market has risen faster than we were expecting but, after a bumper March, growth is showing signs of stabilising around our forecast level."

Fleet sales are increasing at a level just below the overall rate of growth, with a year-to-date 8.4% rise - an increase of nearly 47,000 vehicles.

The Ford Fiesta continued to top the sales charts in June, with 11,213 registrations.

1

Ford Fiesta

11,213

2

Vauxhall Corsa

7,961

3

Ford Focus

7,399

4

Volkswagen Golf

6,546

5

Vauxhall Astra

6,249

6

Nissan Qashqai

5,356

7

Vauxhall Insignia

4,660

8

Fiat 500

4,177

9

BMW 3 Series

3,961

10

Audi A3

3,893

Increased efficiency has brought lower emissions - average UK new car CO2 output has reduced 6.5% between Q1 2012 (134.6g/km) and Q2 2014 (125.8g/km).

Electric vehicle registrations have increased by 143.9% in the first six months of 2014.


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