New-car sales in the United Kingdom declined to 366,101 units in March 2011

Article by Christian A., on April 6, 2011

New-car sales in the United Kingdom declined to 366,101 units in March 2011, a 7.9 percent drop compared to sales in March 2010, the Society of Motor Manufacturers and Traders (SMMT) revealed in its monthly sales update.

In addition, registrations were down to 558,336 units, a decrease of 8.7 percent, in the first quarter this year. The 2011 market is also expected to decrease by five percent, resulting to 1.93 million units.

It is also expected to continue a downward trend during the second quarter, but will recover and stabilize during the third and fourth quarters of the year.

The decrease in the numbers can be attributed to the high taxes and rising inflation that affected the consumers in the country. Moreover, job insecurity and passive pay increases are hindering potential customers from making major purchases.

The 366,101 new car registrations in March, according to SMMT Chief Executive Paul Everitt, demonstrated that the demand is constant for March, which is normally the biggest month of the year. In addition, Everitt disclosed that the market is on track to meet the SMMT forecast for this year despite the decreasing figures from 2010 to 2011.

He cited that consumers are opting for vehicles that are fuel-efficient and low-emitting. The best-selling vehicle during the month of March was the Ford Fiesta, which is also the most popular in the first quarter of 2011.

If you liked the article, share on:

Topics: uk, sales

Comments

Recommended

We’re willing to bet that the Bentley Bentayga is not the first thing that comes to mind for most people who are into off-roading and outdoor activities. It just doesn’t...
by - November 23, 2017
The other day, it was confirmed that Volvo will finally bring the XC40 to US soil, where it will first make an appearance at the 2017 Los Angeles Auto Show....
by - November 23, 2017
There is no question that the new BMW M5 (F90) high performance sports sedan is more powerful, faster and more enticing than the previous model. But for interested customers in...
by - November 23, 2017
Following the Tesla Roadster’s electrifying revelation on Thursday, Musk’s highly ambitious goals have skyrocketed when he tweeted about his future plans for the new sports car. Well, kind of. The...
by - November 23, 2017
Earlier in November at the 2017 SEMA Show in Vegas is when Hennessey unwrapped the Venom F5 to all of us. But it was actually first introduced as a concept...
by - November 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries