New car registrations were up 10.8% in June to 195,226 units, with scrappage now accounting for a tiny fraction of that figure at 1,290 units. The market was already down 15.7% to 176,264 units in June 2009 on the year before.
· New car registrations were up 10.8% in June and 19.9% during first half of 2010.
· 25.3% rise in the fleet market helped to sustain growth momentum.
· Market up despite end of scrappage scheme, but volumes set to slip in second half of 2010.
From SMMT:
“The new car market continued to perform above expectations in June, with fleet sector registrations up 25% compared to this time last year. The results indicate improved business confidence and a strengthening economic recovery,” said Paul Everitt, SMMT chief executive. “The industry still expects challenging economic conditions in the second half of the year and government action to improve access to credit for consumers and businesses will be important in sustaining the momentum of recovery.”
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Best sellers in June
1 Vauxhall Astra 10,525
2 Vauxhall Corsa 9,642
3 Ford Fiesta 8,279
4 Ford Focus 6,895
5 Nissan Qashqai 5,636
6 BMW MINI 4,925
7 VW Golf 4,486
8 BMW 3 Series 4,363
9 Vauxhall Insignia 4,090
10 VW Polo 3,923
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