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APRIL UK CAR MARKET UP 5,505 UNITS!

New car registrations showed the best growth of the year in April with a 5,505-unit rise. The SMMT said three additional processing days in the month, due to the early Easter this year, may have helped sustain growth for a second successive month which created the highest April volume since 2005.

Registrations over the first four months of 2008 were virtually unchanged on last year, although in the light of the economic slowdown and cost pressures on the business and consumer car markets, the SMMT has trimmed its full year 2008 forecast to 2.335m units, from the current rolling annual rate of 2.404m.

The recent growth in the new car market has been bolstered by improved demand from fleet buyers and only a relatively modest dip in private sector registrations. Fleet demand rose by 7.5% in April, its strongest rate since October 2007. The private sector slipped by just 1.2% in the month and by 2.2% over the year to date.

The top five models in April were the Ford Focus (as in the year to date), followed by the Vauxhall Corsa, Vauxhall Astra, Ford Fiesta and VW Golf. Diesel registrations took a record 45.7% market share in April, up from 41.7% in the last 12 months. Ford’s Focus outsold the VW Golf to become the top selling diesel model. Demand for alternatively fuelled vehicles (AFV) also rose, up 8.4% in April and by 14.4% in the year-to-date.

Vauxhall outpaced Ford to be the best selling brand in April, with four models in the top ten.

Mini and executive segments posted the strongest growth rates in April – up 43.7% and 37.8% respectively, whilst the lower medium segment had the largest volume gain. MPVs continue to show the fastest growth over the year-to-date.

- New commercial vehicle registrations in the UK were up 4.4% in April, and up by 5.9% to 396,524 for the rolling year. These included truck registrations up 29.9% in April and by 24.8% to 56,436 for the rolling year. Van registrations up to 3.5 tonnes were up 0.5% for the month and 3.3% to 340,088 for the rolling year. Full statistics on April’s car and CV registrations are available for download at www.smmt.co.uk.



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