UK: Average price of new cars increased in May 2011, by 0.167 per cent image

According to a report from drivendata, the average price of new cars increased in May 2011, by 0.167 per cent or £47.00 (from £28,159.00 to £28,206.00).

On the same time, new car sales in the UK fell by 1.7 per cent in May compared with May 2010 as sales to fleets failed to offset a decline in purchases by individuals, new data shows.

Britain’s Society of Motor Manufacturers and Traders (SMMT) said that the “unsettled economic backdrop” was constraining car purchases by private buyers, but sales to fleets and businesses grew, helping to support the overall market.

Sales of diesel and fleet cars were strong in May, both growing by over 10pc, while the Ford Fiesta remained Britain’s most popular car, with 8,135 models sold last month.

The Volkswagen Golf was the best-selling diesel model in May. Sales of gasoline-powered cars fell 12.9%, giving the segment a market share of 46.1%, down from 52%. Alternative fuel vehicles maintained their 1.1% market share.

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