New car registrations were back up in November after a decline in October, the first in nearly four years.
Figures released by the Society of Motor Manufacturers and Traders show that 178,876 cars were registered in the UK during November, an increase of 3.8% over the same month in 2014. Year-to-date growth continues, 2,453,426 cars having been registered in the first 11 months of 2015, a 6.2% increase.
Demand for petrol and diesel cars remains strong, both showing gains of over three per cent in November. Both continue to be outpaced by alternatively fuelled vehicles, demand for which grew 8.6% in November. Year-to-date growth for AFVs stands at 4.1.1% taking overall market share up to 2.7%.
Demand for Volkswagens fell as the fallout from the dieselgate scandal continues, registrations down 20%. Other VW Group brands suffered too, SEAT losing 24%, Skoda 11% and Audi 4%.
But Citroen was the biggest loser, registrations down 29%. Though the French manufacturer chalks that up to the separation of its DS models into the new DS Automobiles brand.
SMMT Chief Executive, Mike Hawes, said: “November’s figures come as a reminder of the strength of the UK car market, as low interest rates and competitive finance deals continue to attract consumers to new car ownership.
“We have been expecting a levelling-off in demand for some time now – a development that is being realised following an unprecedented three-and-a-half years of non-stop growth,” he added.
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By Only Motors