New car registrations in UK showed only a 2.0 percent increase in April, as the demand for fleets managed to offset a small decline in the private sector.
New car registrations in the UK made a modest gain last month, according to figures published by the Society of Motor Manufacturers and Traders. Nevertheless, the 189,505 units reported marked the best April since 2003, when 194,312 new vehicles were deployed into the market. The 2 percent increase comes after a solid 5.3 percent jump in March, up to 518,707 vehicles, making it the biggest ever month since the bi-annual plate change began in 1999. Similarly to March, the market growth in April was led by the fleet and business sectors, where respective increases of 6.1 percent and 2.8 percent counterbalanced a 2.5 percent fall in private registrations.
The interest for petrol engines increased 3.4 percent, diesel saw a slight 0.6 percent decline, uptake of alternative fuel vehicles jumped by more than a quarter as buyers looked to reduce emissions and running costs, SMMT said. “After such a strong March, April’s steadier performance was to be anticipated, and is in line with our expectations for the year,” Mike Hawes, SMMT Chief Executive, stated. As for the carmakers, Ford – the leader of the market with 23,311 units registered – lost nearly 7 percent, while the second performer with 16,877, the Volkswagen brand, reported a 9,7 percent drop.