Dated: 12 April 2011
Car Sales Take a Tumble in March
11-plate cars were introduced into the automotive market earlier this year to try and boost car sales. Unfortunately, this was not the case as the sale numbers for new cars last month were significantly lower than March 2010, according to the Society of Motor Manufacturers and Traders (SMMT).
In March 2011, the total number of car sales came in at 366,101. Which, when compared with the same period in 2010, was a decline of 7.9%.
This added to the decline of new registrations in the car market for the first quarter, which currently stands at a 8.7% drop.
From the statistics which were released by SMMT, we are able to see that there was some growth in certain areas. For instance, the sale numbers for alternative fuelled vehicles were almost double the amount sold in 2010.
SMMT’s Chief Executive, Paul Everitt, was recently quoted on the Which? website as saying, “the UK saw 366,101 new cars registered in March, demonstrating sustained demand in what is traditionally the biggest month of the year.
“Despite a dip versus 2010, the market remains on course to meet SMMT’s forecast for the year with motorists buying increasingly fuel-efficient and low-emitting vehicles across every segment.”