January car registrations – NFDA sees ‘encouraging’ signs

11th February 2019 | 0 Comments
 

New passenger car registrations declined by -1.6 per cent in January with 161,013 units registered. Sales of petrol cars rose by 7.3 per cent, diesel declined -20.3 per cent and alternative fuel vehicles (AFVs) grew by 26.3 per cent. Private demand increased by 2.9 per cent, while fleet was down -3.4 per cent.

“The new car market remained stable in January, with a small decline of -1.6 per cent, supported by increases in private demand and sales of alternative fuel vehicles”, said Sue Robinson, director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT’s new passenger car registration figures.

Robinson continued, “Positively, sales of alternative fuel vehicles grew substantially in January and we expect the sector to perform well throughout 2019 as new models enter the market and the current ones become more affordable.

“It is encouraging to see that demand from private consumers grew by 2.9 per cent. With different types of vehicles coming to the market and new emission figures available, retailers have an important role to play in informing consumers and helping them choose the right car.

“The retail automotive industry is flexible and resilient, but we urge the Government to provide clarity to businesses and consumers as soon as possible.”

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Category: UK News

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