Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt Fleet fuels record half-year new car registrations rise
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

Fleet fuels record half-year new car registrations rise

Date: 06 July 2016   |   Author: Daniel Puddicombe

The UK's new car market has recorded its best-ever half-year registration results, with 1,420,635 vehicles shifted between January and June, a 3.2% increase on the same period as last year, the latest Society of Motor Manufacturers and Traders figures have revealed.

The fleet market as a whole grew by 4.7% during the period, with 717,493 cars registered so far in 2016.

Growth in the market was recorded across all fuel types, with diesel and petrol car registrations growing by 2.3% and 3.0% in the first six months of 2016, while alternatively-fuelled vehicles, hybrid and plug-in cars, increased by 21.3%.

AFVs now account for 3.2% of the overall car market, the SMMT said.

Demand for new cars in June fell by 0.8%, meanwhile, with the fleet market once again driving the market by 4.5%, compensating for a 4.5% fall in private registrations.

"It is far too soon to determine whether the referendum result has had an impact on the new car market," said Mike Hawes, SMMT chief executive. "The first six months saw strong demand at record levels but the market undoubtedly cooled over the second quarter."

"It's important government takes every measure to restore business and economic confidence to avoid the market contracting in the coming months," Hawes added.



Share


Subscribe