The new car sales figures for December 2008 are in. Better than expected but it doesn’t tell us the whole picture. How much of a hit did dealers have to take on the stock they did shift? The full year down by over 11% and far more gloomy predictions floating around for 2009. Hold on to your hats it’s going to be a bumby ride….
New car registrations fell 21.2% in December to 108,691 units.
Full year total is down 11.3% to 2,131,795 units from 2,404,007 in 2007.
Diesel market share reached an all-time high of 43.6%.
Average new car CO2 fell by a record 4.2% to an average of 158.0 g/km in 2008, a total reduction of 16.8% since 1997.
Source: SMMT
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