Uk – Overall, sales were down 1.7pc year-on-year to May to 150, 431. This is the lowest decline of 2011 so far, comparing to 7.3pc for 2011 as a whole.
There were 150,431 new car registrations in May, the Society of Motor Manufacturers said.
“The marginal drop in new car registration figures is a welcome sign that the rate of slowdown in the sector is starting to abate. This is not to say that the industry is firmly on the road to recovery, however,” said Richard Lowe, head of retail and wholesale at Barclays Corporate.
“With concerns over decreasing household budgets and the rising cost of fuel, it will take a while for the industry to be granted a clean bill of health.”
Month End 2010
|Month End 2011||% Change||Year To Date 2010||Year To Date 2011||% Change|
|* Note: Channel Islands and Isle of Man new car registrations not included.|