Overcast

Overcast

max temp: 17°C

min temp: 12°C

Search

New car sales dip after 43 months of growth

14:16 05 November 2015

The Ford Fiesta is in its seventh year as the UK top seller.

The Ford Fiesta is in its seventh year as the UK top seller.

Ford

New car registrations levelled off with sales dipping for the first time in more than three and a half years last month.

After 43 consecutive months of year-on-year growth, last month’s registrations dropped 1.1% to 177,664 new cars. compared to the previous October, but year-to-date figures show that the new car market is still very buoyant.

The total market for the first 10 months of this year is still up 6.4% compared to the same period of 2014 at 2,274,550 units – the best performance on record, according to latest figures from the Society of Motor Manufacturers and Traders (SMMT).

Diesel and petrol market shares remained stable, while the demand for alternatively-fuelled vehicles (AFVs) continues to show positive growth. October AFV volumes were up by 13.8%, reaching 3% of the total market for the first time, as more consumers switch to an ever more diverse range of ultra low emission vehicles.

The high-value market segments saw the biggest gains, with specialist sports and luxury saloon vehicle registrations growing 59% and 23% respectively.

Mike Hawes, SMMT chief executive, said, “The UK car market has gone through a period of unprecedented growth and, so far, 2015 has been a bumper year with the strongest performance since the recession.

“As expected, demand has now begun to level off but the sector is in a strong position, as low interest rates, consumer confidence and exciting new products combine to attract new car buyers. The current full-year growth forecast remains on track.”

Top sellers last month were the Ford Fiesta, 8,577, Vauxhall Corsa, 5,061, and, despite the company’s emissions scandal, the Volkswagen Golf, 5,057, with the Audi A3 sixth with 3,884 sales and the Volkswagen Polo seventh with 3,233.

For the year so far, the top sellers are the Fiesta, 116,631, Corsa, 77,896, and Ford Focus, 73,966.

2 comments

  • buying new is not the way to do it, hire companies buy hundreds of cars at a time at hugely discounted prices, many of these vehicles are unused and are up for sale once they are six months old, it really is the' mug punter ' (car salesman term) who walks into a franchise dealer showroom and buys new just to impress their friends.

    Report this comment

    ted

    Sunday, November 8, 2015

  • Wonder if the tail off of PPI settlements has anything to do with this?

    Report this comment

    Ivor

    Thursday, November 5, 2015

The views expressed in the above comments do not necessarily reflect the views of this site

A Suffolk man accused of sexually assaulting a woman while she was unconscious has been cleared by a jury.

A lorry has shed part of its load on the A14 over the Orwell Bridge near Ipswich.

The man, in his early 60s, had been celebrating his brother’s birthday and was karting at the circuit, near Beccles, when he was reportedly involved in a collision with another go-kart.

Fifty years ago this week, circus legend Billy Smart collapsed and died in Ipswich. He was such a huge star that his death made headlines around the world.

Decisions on whether to reduce access to IVF treatment and re-focus services delivered to vulnerable adults were deferred today.

A male cyclist was taken to hospital with minor injuries following a fall from his bike in Washbrook this morning.

St Elizabeth Hospice in Ipswich has received a £10,000 boost after a Kesgrave cyclist won an online fundraising competition by topping a public vote.

The Ipswich Star today launches a new campaign to highlight problem roadworks in the town.

The parents of a father-of-one whose body was discovered beside the River Orwell near Ipswich railway station have paid tribute to their ‘cheeky’ son.

A young gambling addict has ended up in court after using his workmates’ and girlfriend’s credit cards to chase his betting losses.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24