Fleet News

Fleet new car registrations up 5.1% year-on-year

Manufacturers registered 99,299 cars to fleets in November, a rise of 5.1% compared to the previous year, according to figures from the Society of Motor Manufacturers.

It meant the fleet sector accounted for 53.9% of the market, as the share of cars bought by private buyers dropped 1.8 percentage points to 42.4%.

Business customers registered 6,735 cars to take 3.7% of the market.

Overall, 184,101 new cars were registered in the UK in November, with the market increasing by a steady 2.9%.

The growth has helped deliver more than 2.5 million new cars on to British roads so far this year – the first time the milestone has been reached in November.

Demand for alternatively fuelled vehicles (AFVs) remained strong in the month, growing 25.1% to 6,663 units, representing 3.6% of the market – the highest ever achieved.

Petrol registrations grew 7.9% to 88,541 units, while diesels just edged ahead on market share with 88,897 vehicles registered, a fall of -2.9%.

Superminis continued to be the most popular body style – making up more than a quarter (29.7%) of all cars registered in November, followed by small family cars and SUVs.

Executive and city cars enjoyed the biggest growth, up 27.7% and 25% respectively.

Mike Hawes, chief executive, of the SMMT, said: “Our industry continues to make vehicles that are ever safer, more refined, more efficient and more enjoyable to drive – and the latest advanced technology and cutting-edge designs are continuing to attract buyers into showrooms.

"It's encouraging to see that alternatively fuelled vehicles, although still a small proportion of the market, have seen strong growth this month achieving a record market share.

"Long-term Government support and incentives are essential if these vehicles are to command a larger market share in the future.”

 

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!

Comment as guest


Login  /  Register

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