SMMT: Superminis were key to 4.3% UK new car market growth in April

By From www.autoindustry.co.uk| May 06 2007
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Supermini registrations last month were up 11.3% year on year to 56,089 units, reported the SMMT this morning, and after an April total of 170,163 units, representing the third rise in four months, of 6,947 units (4.3%), year-to-date registrations were up by over 26,000 units to 858,639. Private demand was at its strongest since March 2004, showing a 4.9% y/y rise and representing a 44% market share.

Supermini registrations last month were up 11.3% year on year to 56,089 units, reported the SMMT this morning, and after an April total of 170,163 units, representing the third rise in four months, of 6,947 units (4.3%), year-to-date registrations were up by over 26,000 units to 858,639. Private demand was at its strongest since March 2004, showing a 4.9% y/y rise and representing a 44% market share.

“April has provided us with yet another boost to new car registrations, continuing the better than expected trend during the first quarter of 2007. Supermini growth of 11.3% has helped to achieve this,” says Christopher Macgowan, chief executive of the SMMT. “Private demand rose too, but heightened speculation that further interest rate rises are on the horizon may tame this performance.”

The SMMT noted that April 2006 was a weak market, down 9.1% compared to April 2005. The 2007 performance was also 12,863 units less than the 1999-2006 average for the month of 183,026 units.

All three major market segments have seen growth over the first four months of the year. Business demand fell in April, but collectively fleet and business registrations have risen by 4.7% over the first four months of 2007.

Diesel penetration in April rose to 39.0% from 37.1% last year. Ford's Focus remained the best selling diesel model. Diesel registrations have risen by 25,107 units over the first four months of the year and the full year forecast has been raised, with diesel penetration expected to average 40 per cent over 2007.

April saw no change in April from the top six selling new car models for the first four months of the year – in descending order, Ford Focus, Vauxhall Astra, Ford Fiesta, Vauxhall Corsa, VW Golf, and Peugeot 207.

 

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