Registrations
Strong May rise of 13.5% precedes expected market decline
4 Jun 2010
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· New car registrations climbed 13.5% in May, marking the eleventh successive monthly rise.
· Full year registrations total expected to dip slightly as scrappage boost comes to an end.
· Fleet and private markets show positive gain in May up by 16.0% and 12.3% respectively.
“May was another good month for the UK new car market, although we expect the coming months to be extremely challenging,” said Paul Everitt, SMMTchief executive. “It is essential that the upcoming emergency budget promotes consumer and business confidence to maintain economic recovery.”
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