Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt Nice surprise as new car sales up more than expected in 2014
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

Nice surprise as new car sales up more than expected in 2014

Date: 11 February 2015   |   Author:


Black cloud

Diesel power adopted a dominant position in 2014, despite some noises about its effect on local air pollution. A total of 50.1% of new cars registered in 2014 were diesel, compared with 49.8% the previous year, and Hawes doesn't predict any dramatic change to the influence of diesel.

It still offers a significant advantage in fuel economy. For a lot of people's driving it meets their needs, and customers must choose the most appropriate powertrain," he says. "There is an emerging concern about diesel and contribution to poorer air quality, but Euro6 is a proven step forward."

Looking ahead

2015 is described by the SMMT boss as "a difficult year to predict", and the current forecast predicts small progress. "We think it will be stable - 1-2% growth," he says. "There are a number of different issues affecting the forecast; for example, the General Election and the fairly challenging financial situation for whoever ends up in charge, and potential tax increases and cuts on spending.

"But oil prices seem set to stay low, interest rates are low and the Bank of England forecasts a slow increase in inflation, so the economic indicators are pretty sound, although I would like to see stronger European trading."

The SMMT's forecast for 2015 is currently a market up 1.3% to 2.49 millions units, with diesel dropping slightly to a 49.2% market share, while the 2016 forecast also stands at 2.49 million units.
So it seems that after a few years of fairly rapid growth, the new car registration market is set for a couple of years of welcome stability.

P 19