Cars Registrations SMMT News

Diesel registrations boosted during quiet, but stable August

06 September 2007 #Cars #Registrations #SMMT News

Diesel registrations boosted during quiet, but stable August

  • Total year-to-date registrations up 2.2 per cent to 1,521,225 units
  • Year-to-date diesel registrations rise by 6.5 per cent to 595,033 units
  • August registrations total of 77,649 units, down by 0.4 per cent on previous year
  • Full year volume on course to hit 2.355 million units forecast

‘Since the introduction of the twice yearly plate-change prefix, August has vied with February for the dubious honour of being the smallest volume month for new car registrations. This year August was down just 312 units or 0.4 per cent compared to 2006 and at 77,649 units, was slightly above the February figure,’ says Christopher Macgowan, chief executive of SMMT. ‘While the overall market is stable, demand for diesel powered cars continues to climb, as buyers seek optimum fuel consumption and lower CO2 emissions. Diesel registrations reached 41.4 per cent in August, its highest level this year. However, diesel penetration remains well below the European average, due to a less favourable tax regime than exists in some continental markets.’

 

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