/ Industry, News, Sales Reports / UK car sales reach best value since 2007 – chart

UK car sales reach best value since 2007 – chart

Linked In Share
UK car sales reach best value since 2007 - chart

UK car sales in 2013 recorded their best year since 2007, industry figures have shown, helped by cheap credit deals and stronger consumer confidence.

The Society of Motor Manufacturers and Traders (SMMT) said that 2.26 million vehicles were registered in 2013, up 10.8% on 2012 and exceeding SMMT’s 2.25 million forecast for the year.

2013 hits highest annual registration total since 2007 as December achieves 22nd consecutive monthly rise. On average, an additional 600 extra cars registered per day in 2013 than in the previous year. This puts Great Britain firmly as Europe’s second largest car market and only one to grow consistently throughout 2013.

“With its best year since a pre-recession 2007, the UK new car market has helped stimulate the country’s economic recovery,” said Mike Hawes, SMMT Chief Executive. “While the European market is only now showing signs of improvement, the UK has consistently outperformed the rest of Europe with 22 consecutive months of growth. The 10.8% increase in 2013 reflects the attractive financial offers available as well as increased demand for more technologically advanced new cars. We expect new car registrations to remain stable in 2014 as customers return to a more regular replacement cycle.”

Industry analysts say that attractive financing deals have tempted buyers, with three-quarters of sales to private buyers now involving some kind of financing package.

Economic data in recent months has indicated that consumers are more confident. Analysts have also pointed to refunds from mix-sold payment protection insurance policies as helping to drive sales. Average payouts have been about £3,000.

The SMMT figures confirmed that Ford was the UK’s top-selling brand last year, enjoying success with its Fiesta supermini and mid-sized Focus models, followed by General Motors’ Vauxhall Corsa and Astra models. The SMMT also said that one-in-seven, or 300,000, of the cars bought last year were built in the UK.

by Aurel Niculescu (my Google+) - Tuesday, January 7th, 2014 - filed under Industry, News, Sales Reports. Image credit: .
Linked In Share
Related Articles


Discuss: UK car sales reach best value since 2007 – chart

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2017 Audi Q5 – first images and details
2017 Audi Q5 – first images and detailsAudi is currently working on a new generation of the Q5 which is said to make its way onto the market in a couple of years, with ...
US: full size pick-up truck battle heats up
US: full size pick-up truck battle heats upWhile the perennial No.1 – Ford’s F-150 kept its strong sales position even though it’s soon to be replaced, the surprise ...
BMW X7 gets rendered
BMW X7 gets renderedThe first rendering with the upcoming BMW X7 has recently hit the web and it might be offering us a first preview into what the ...
Recall roundup: 655,354 units of the Jeep Grand Cherokee and Dodge Durango
Recall roundup: 655,354 units of the Jeep Grand Cherokee and Dodge DurangoChrysler has issued a much larger recall of the Jeep Grand Cherokee and Dodge Durango SUVs because of a problem with their ...
New MINI Cooper gets priced in Australia
New MINI Cooper gets priced in AustraliaMINI has recently announced the official price list for the third generation of the popular hatchback in Australia, where the ...
Lawsuits link Delphi to GM ignition recall
Lawsuits link Delphi to GM ignition recallThe 2.6 million vehicles recalled by General Motors in connection with the ignition switch problem are all equipped with the part ...
[VIDEO] Porsche 911 GT3 test drive goes wrong
[VIDEO] Porsche 911 GT3 test drive goes wrongA test drive of the Porsche 911 GT3 has recently went awfully wrong after its driver lost control of the wheel and crashed it, ...
Hyundai ready to debut key models in the US
Hyundai ready to debut key models in the USThe South Korean manufacturer has been rather idling last year, but things are ready to change, as the Genesis flagship is ready ...
This is how the Lexus LFA gets serviced
This is how the Lexus LFA gets servicedSeveral images showing the impressive Lexus LFA getting serviced have made their way onto the web so sharing them came natural ...
[VIDEO] Chris Harris drives the McLaren 650S
[VIDEO] Chris Harris drives the McLaren 650SChris Harris has recently went for a quick spin in the recently unveiled McLaren 650S, as the order book has opened and press ...
US: NHTSA urged to impose side mirrors replaced by cameras
US: NHTSA urged to impose side mirrors replaced by camerasThe National Highway Traffic Safety Administration has been petitioned by the Alliance of Automobile Manufacturers, to further ...
[VIDEO] Renault Clio gets new Costume National special edition
[VIDEO] Renault Clio gets new Costume National special editionRenault and the Italian fashion house Costume National have recently teamed up in order to create a special edition of the fourth ...
Jaguar XE confirmed with V6 engine
Jaguar XE confirmed with V6 engineThe British based automaker Jaguar has recently confirmed the 2015 XE coming with the V6 engine found on the current F-Type. The ...
UK: the car industry backs EU membership
UK: the car industry backs EU membershipAccording to a survey taken by the Society of Motor Manufacturers and Traders, the majority of the British car industry wants the ...
Mercedes-Benz SLS AMG GT3 45th Anniversary Edition gets updated by Sievers Tuning
Mercedes-Benz SLS AMG GT3 45th Anniversary Edition gets updated by Sievers TuningThe aftermarket specialists at Sievers Tuning have been asked to offer a new exterior paint scheme for the exclusive ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2016-audi-q5-image-0
lexus lfa servicing 1
renault clio costume national 1
Mercedes-Benz SLS AMG GT3 45th Anniversary Edition gets updated by Sievers Tuning 1
Rolls-Royce Phantom Drophead Coupe Bespoke Waterspeed Collection 1
2015 daihatsu copen 1
BMW 3-Series M Performance Edition 1
gold Ferrari
Unique black Maserati MC12 for sale 1
Carbon fiber roof Lamborghini Huracan Spyder rendered 1
Student crashes his Gallardo Balboni in Malaysia 1
LamboCARS photography

More automotive from inautonews
Audi is currently working on a new generation of the Q5 which is said to make its way onto the market in a couple of years, with a new chassis, new looks, technologies and engines. The German based automaker is putting the finishing touches on the new generation of the Q7, later on this year, and ...
read more
Inautonews Editors Section
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...
Test Drive Fiat 500L Living – Review
Test Drive Fiat 500L Living – Review Who ever thought in 2007, when Fiat unveiled the new 500 citycar that the Italian automaker will ever build a seven-seater 500 model. Clearly, ...
Test Drive Fiat 500L Trekking – Review
Test Drive Fiat 500L Trekking – Review Fiat had a great success back in the 60’s with the 500 model. It was cheap, practical and equipped with a 479 cmc petrol engine – that’s why ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety Recall roundup: 655,354 units of the Jeep Grand Cherokee and Dodge DurangoChrysler has issued a much larger recall of the Jeep Grand Cherokee and Dodge Durango SUVs because ... US government makes backup cameras mandatory by 2018In a good example of how a study can trigger a new safety feature, the US Department of ...
Safety Section