There were 137,746 new car registrations in
April, down 7.4% (11,047 units) compared to April 2010. Discounting
registrations through last year’s scrappage scheme, the 2011 figure
is in line with last year’s total.
Registrations in the first four months of 2011
fell 8.5% to 696,082 units, down 64,259 compared to 2010. However,
last year more than 100,000 cars were registered through the
scrappage scheme during the first four months.
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SMMT forecasts predict that new car
registrations will fall by 5% to 1.93 million units this year, with
the market slowing in Q2 and recovering in Q3. There are still
uncertainties about buyer confidence and possible short-term supply
constraints due to March’s natural disasters in Japan. However,
SMMT predicts next year’s market to recover to more than two
million units.
Private volumes fell by 19.6% in the first
four months of 2011, and by 23.5% in April following the removal of
scrappage. Overall market volumes have been boosted by growth in
fleet and business demand.
Diesel cars represented 52.7% of April’s total
market and have shown year-on-year growth in every month this year.
The VW Golf was April’s best selling diesel and the Ford Fiesta was
the top selling car in April, and year-to-date.
Alternatively fuelled car registrations rose
by 48.1% in April.
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By GlobalData
