Momentum swung back to fleet and business registrations in April as private buyers showed a modest increase, according to data from the Society of Motor Manufacturers and Traders (SMMT).
Fleet registrations were up by 13% in April compared with the same month in 2013, while business registrations increased by 23.4%. Private registrations increased by 2.6% for the month.
However, private registrations still have a greater share of the market for the year to date compared to the same period in 2013, with 49.9% (2013: 49%).
The SMMT has nor revised its full year forecast to 2.4 million registrations from 2.3 million.
"After the bumper plate-change month of March, the UK car market returned to more modest but still positive growth in April, with new car registrations up 8.2% to 176,820 units," said Mike Hawes, SMMT chief executive. "This marks 26 consecutive months of growth as GDP continues to pick up, inflation falls and wage levels improve.
"As UK economic confidence improves still further and the market continues its upward trend, we have revised our 2014 forecast up from 2.3 million to over 2.4 million registrations. This represents an increase of more than 6% versus last year."
Best sellers April
1 Ford Fiesta 10,250
2 Ford Focus 6,772
3 Volkswagen Golf 5,302
4 Vauxhall Corsa 3,949
5 Audi A3 3,754
6 Nissan Qashqai 3,753
7 Vauxhall Astra 3,562
8 Volkswagen Polo 3,449
9 Nissan Juke 3,053
10 Fiat 500 2,928
Best sellers year-to-date
1 Ford Fiesta 49,490
2 Ford Focus 31,531
3 Vauxhall Corsa 27,788
4 Volkswagen Golf 24,462
5 Vauxhall Astra 21,027
6 Volkswagen Polo 17,080
7 Nissan Qashqai 16,690
8 Audi A3 15,337
9 Fiat 500 14,613
10 BMW 3 Series 13,523
Source: SMMT
Login to comment
Comments
No comments have been made yet.